TECHS: Pivotal $1.3001 Support........>

DOLLAR-CANADA: TECHS: Pivotal $1.3001 Support Survives Initial Test

*RES 4: $1.3165/77 Jun 14 low, 2 year falling res line

*RES 3: $1.3132 61.8% Fibo of $1.3794-$1.2061

*RES 2: $1.3125 1.618 swing of $1.3002-$1.2803, Mar 19 high

*RES 1: $1.3080/90 Hourly resistance

*PRICE: $1.3051 @0915GMT

*SUP 1: $1.3001/10 Mar 7, Mar 5 highs, intraday low

*SUP 2: $1.2965 Congestion area Mar 14-Mar 15

*SUP 3: $1.2921 Mar 14 low

*SUP 4: $1.2877 Initial recovery high Mar 13, now support

*COMMENTARY* The rally through $1.3000 continued Monday, reaching $1.3125, the

swing target of the recent $1.3002-$1.2803 fall. This left us just shy of the

61.8% Fibo retrace level at $1.3132 and the 2 year falling resistance line at

$1.3177. Became overbought in the near term, loss of $1.3048 has seen a dip

towards key $1.3001 support, The reaction here will be pivotal to direction.

Meanwhile, back above $1.3080-$1.3090 needed to regenerate upside interest.