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TECHS: Pullback Enters................>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Pullback Enters $1.2808-$1.2781 Support Zone
*RES 4: $1.2969 Jan 31 low, now resistance
*RES 3: $1.2917/27 Oct 27 high, 50% Fibo of $1.3794-$1.2061
*RES 2: $1.2890 Basing area Oct 31-Nov 1, now resistance
*RES 1: $1.2850/60 Hourly resistance
*PRICE: $1.2827 @1040GMT
*SUP 1: $1.2799 Nov 2 low
*SUP 2: $1.2781 Oct 26 low
*SUP 3: $1.2739 38.2% Fibo of $1.2451-$1.2917
*SUP 4: $1.2684 50% Fibo of $1.2451-$1.2917
*COMMENTARY* Last Friday saw a brief spike above the upper 2% volatility band,
as the upside moved to chase down the 50% Fibo retrace level at $1.2927. A high
of $1.2917 twice now, before succumbing to some overbought hourly conditions.
Now looking to $1.2799-$1.2781 support for next clues, loss would caution and
open up corrective potential of recent gains from $1.2451. While above, there is
scope to regroup and another attempt higher. 

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