TECHS: Pullback Likely A..............>

DOLLAR-CANADA: TECHS: Pullback Likely A Correction:

*RES 4: 1.3501 1.00 projection of Jul 19 - Sep 3 rally from Sep 10 low

*RES 3: 1.3432 High Jun 18

*RES 2: 1.3383 High Sep 3 and key resistance

*RES 1: 1.3348 High Oct 3

*PRICE: 1.3301 @ 08:41 GMT Oct 8

*SUP 1: 1.3266 50% of the Oct 2 range

*SUP 2: 1.3206 Low Sep 13 and Oct 2 / Key near-term support

*SUP 3: 1.3177 Low Sep 12

*SUP 4: 1.3134 Low Sep 10 and major support

USDCAD is correcting lower. The outlook remains bullish following last weeks

move higher on Oct 2 that saw of host of key resistance levels cleared. This

marked a bullish breakout that appears still to have the legs for an extension

higher. Support at 1.3206, Sep 13 and Oct 2 low also held last week reinforcing

the current bullish theme. Attention is on 1.3383, Sep 3 high where a break

would confirm a resumption of the broader uptrend. Key support is 1.3206.