TECHS: Rally Capped By 1%.............>

DOLLAR-CANADA: TECHS: Rally Capped By 1% Volatility Band, $1.2651 Support

*RES 4: $1.2815 1.618 swing of $1.2753-$1.2653

*RES 3: $1.2776/86 1% vol band, 61.8% Fibo of $1.3016-$1.2414

*RES 2: $1.2753/55 Aug 11 high, 1.618 swing $1.2715-$1.2651

*RES 1: $1.2730 Hourly resistance

*PRICE: $1.2700 @1616GMT

*SUP 1: $1.2651/53 Aug 8, Aug 11 lows

*SUP 2: $1.2619/29 Aug 3 high, Aug 7 low

*SUP 3: $1.2592 Initial rally high Aug 3, now support

*SUP 4: $1.2554 Previously broken 2 month res line

*COMMENTARY* The recovery from the month's $1.2414 low continued on Friday,

breaking above the next marker of note, the 50% Fibo retrace level at $1.2715

but faltering on the approach to the swing target at $1.2755 and the upper 1%

volatility band at the time. Overbought near term as a result, support moves up

to Tuesday's $1.2651 low. Would anticipate this to hold any setbacks now, if

rally to continue at this juncture.