TECHS: Oversold Near Term,............>

DOLLAR-CANADA: TECHS: Oversold Near Term, $1.2923-$1.2936 Resistance

*RES 4: $1.3007/10 61.8% $1.3125-$1.2815, hourly low Mar 21 

*RES 3: $1.2970/76 50% Fibo, Hourly recovery high Mar

*RES 2: $1.2933/36 38.2% Fibo of $1.3125-$1.2815, Mar 22 high

*RES 1: $1.2923 Mar 26 high 

*PRICE: $1.2904 @0857GMT

*SUP 1: $1.2835/40 1% volatility band, hourly support

*SUP 2: $1.2803/15 Mar 12, Mar 27 lows

*SUP 3: $1.2790 38.2% Fibo of $1.2249-$1.3125

*SUP 4: $1.2756/58 1.618 swing $1.2830-$1.2949, Feb 22 high

*COMMENTARY* Trying to decouple from support from the lower 1% volatility band,

at $1.2835 by time today. A low of $1.2815 so far, just ahead of decent support

from between $1.2803-$1.2790. Has become oversold in the near term, so looking

toward $1.2903 initially, above and then the more important $1.2923-$1.2936

region, as will need back above here to reduce near term bear bias and produce a

better correction of losses from the month's $1.3125 high.