TECHS: Rally Heads Toward Key.........>

DOLLAR-CANADA: TECHS: Rally Heads Toward Key $1.2925-$1.2935 Resistance

*RES 4: $1.3038 1.618 swing of $1.2925-$1.2743

*RES 3: $1.2998 May 8 high

*RES 2: $1.2967 1% volatility band

*RES 1: $1.2925/35 May 15 high, 76.4% of $1.2998-$1.2729

*PRICE: $1.2893 @0914GMT

*SUP 1: $1.2875/85 Hourly support

*SUP 2: $1.2845 Hourly congestion area May 23-24

*SUP 3: $1.2826 Hourly base May 23

*SUP 4: $1.2812 May 23 low

*COMMENTARY* Rallies over the last week or so have been held back by

$1.2925-$1.2935 resistance. It is through the latter that is still required

before the upside will find the basis for any renewed strength. Meanwhile,

congested resistance between $1.2890-1.2916 has been given a run for its money

on Thursday and as a result, support rises to $1.2885-$1.2845. Loss of the

latter would concern again and pressure $1.2826-$1.2812.