TECHS: Rally Flirting With The........>

DOLLAR-CANADA: TECHS: Rally Flirting With The Upper 1% Volatility Band

*RES 4: $1.2859 2% volatility band

*RES 3: $1.2786 61.8% Fibo of $1.3016-$1.2414

*RES 2: $1.2755 1.618 swing of $1.2715-$1.2651

*RES 1: $1.2733 1% volatility band

*PRICE: $1.2718 @1213GMT

*SUP 1: $1.2670/80 Hourly support

*SUP 2: $1.2651 Aug 8 low

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

*SUP 4: $1.2592 Initial rally high Aug 3, now support

*COMMENTARY* The recovery from last week's $1.2414 low continues, the rally

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

This sees the upper 1% volatility band at $1.2733, as the potential bar to a

further $1.2755-$1.2786 rise. As a result, support moves up to $1.2670-80, ahead

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

recovery to continue.