TECHS: Pulling Back After Failure.....>

DOLLAR-CANADA: TECHS: Pulling Back After Failure To Reach $1.2414-$1.2441 

*RES 4: $1.2414 Jul 26, Jul 17 lows, now resistance

*RES 3: $1.2391 Sep 20 high

*RES 2: $1.2355/68 1% volatility band, Sep 21 high

*RES 1: $1.2315/25 Hourly resistance

*PRICE: $1.2265 @1148GMT

*SUP 1: $1.2236/45 Hourly basing area Sep 20, hourly support

*SUP 2: $1.2198 Sep 20 low

*SUP 3: $1.2121/31 Sep 15, Sep 13 lows

*SUP 4: $1.2110 1% volatility band

*COMMENTARY* Has backed away since making a $1.2391 high on Wednesday. That

rally leaving us shy of the next crucial resistance area from between

$1.2414-$1.2441. Will need to climb successfully above the latter, before the

overall downside bias is reversed. In the interim, support from $1.2315-$1.2270

has been lost, now leaving $1.2245-$1.2236, as the protection to the Sep 20 low

at $1.2198. A loss of the latter would be a concern.