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TECHS: Rallies Again,.................>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Rallies Again, $1.2414-$1.2441 Still Key Resistance 
*RES 4: $1.2521 76.4% Fibo of $1.2663-$1.2061
*RES 3: $1.2433/41 61.8% Fibo of $1.2663-$1.2061, Aug 29 low
*RES 2: $1.2414 Jul 26, Jul 17 lows, 1% volatility band
*RES 1: $1.2391 Sep 20 high
*PRICE: $1.2384 @0835GMT
*SUP 1: $1.2314 Sep 25 low
*SUP 2: $1.2280/85 Minor hourly congestion Sep 22
*SUP 3: $1.2255 Sep 22 low
*SUP 4: $1.2198 Sep 20 low
*COMMENTARY* Having found support from above $1.2245 last Friday, we are now
back up challenging the Sep 20 high at $1.2391. This still leaves 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 $1.2314-$1.2280 now provides the protection to
Friday's $1.2255 base.

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