TECHS: Rally Heading Towards..........>

DOLLAR-CANADA: TECHS: Rally Heading Towards $1.2641-$1.2663 Resistance

*RES 4: $1.2723 38.2% Fibo of $1.3794-$1.2061

*RES 3: $1.2703 1.618 swing of $1.2600-$1.2433

*RES 2: $1.2663 Aug 31 high

*RES 1: $1.2641 Intraday high, 1% volatility band

*PRICE: $1.2631 @0946GMT

*SUP 1: $1.2591 Oct 17 high, now support

*SUP 2: $1.2569 Hourly low Oct 20

*SUP 3: $1.2520 Initial recovery high Oct 20, now support

*SUP 4: $1.2495 Congestion area Oct 18, Oct 20

*COMMENTARY* The move through $1.2600-$1.2610 resistance has been followed by a

test to the upper 1% volatility band today. This just shy of the Aug 31 high at

$1.2663. Through the latter needed before the added potential for a run at

$1.2703, the swing target of the month's $1.2600-$1.2433 fall. In the meantime,

support rises to $1.2591 and this currently protects against a deeper correction

of the gains seen from last Thursday's $1.2451 low.