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

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Oversold Near Term, $1.2933-$1.2936 Resistance
*RES 4: $1.3052/53 76.4% $1.3125-$1.2815, Mar 20 low
*RES 3: $1.3007/10 61.8% $1.3125-$1.2815, hourly low Mar 21 
*RES 2: $1.2970/76 50% Fibo, Hourly recovery high Mar 21
*RES 1: $1.2933/36 38.2% Fibo of $1.3125-$1.2815, Mar 22 high
*PRICE: $1.2909 @1417GMT
*SUP 1: $1.2835/63 1% volatility band,intraday low
*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 with the
move above $1.2903 now looking to the more important $1.2933-$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.

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