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TECHS: Recovery Heads Toward 76.4%....>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Recovery Heads Toward 76.4% Fibo Retrace At $1.2762
*RES 4: $1.2921 Dec 19 high
*RES 3: $1.2837/39 1.618 swing $1.2689-$1.2450, 2% vol band
*RES 2: $1.2762 76.4% Fibo of $1.2921-$1.2249
*RES 1: $1.2728/38 Hourly resistance
*PRICE: $1.2710 @1710GMT
*SUP 1: $1.2655/65 Hourly support
*SUP 2: $1.2625 Feb 21 low
*SUP 3: $1.2580/85 Congestion area Feb 19-20
*SUP 4: $1.2557/68 Feb 16 high, hourly basing Feb 19 
*COMMENTARY* After initially probing towards the Feb 9 high at $1.2689 on
Wednesday, had to endure a sharp $1.2625 setback, before regrouping for another
challenge. This has resulted in a $1.2758 flourish today, taking us briefly
through the upper 1% volatility band at $1.2717 and within reach of the next
barrier, the 76.4% Fibo retrace at $1.2762.  Meanwhile, $1.2665-$1.2655 supports
ahead of that $1.2625 level.

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