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TECHS: Still Some Congested Support...>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Still Some Congested Support In the Lower $1.26's
*RES 4: $1.2820 Nov 7 high
*RES 3: $1.2775/85 Series hourly highs Nov 3, Nov 6, Nov 8
*RES 2: $1.2741 Nov 9 high
*RES 1: $1.2715/25 Nov 8 low, hourly resistance
*PRICE: $1.2703 @1110GMT
*SUP 1: $1.2650/66 1.618 swing $1.2715-$1.2820, Nov 10 low
*SUP 2: $1.2629/34 61.8% of $1.2451-$1.2917, Oct 25 low
*SUP 3: $1.2600/18 Oct 6 high, 61.8% of $1.2433-$1.2917
*SUP 4: $1.2547 76.4% Fibo of $1.2433-$1.2917
*COMMENTARY* The decline found some support on Friday at $1.2666, just ahead of
the swing target at $1.2650. This the beginning of some potentially congested
support from between $1.2634-$1.2600. Only below the latter will free up the
opportunity for a further $1.2547 fall. As a result, now looking towards
$1.2715-$1.2725 for nearest resistance, above would allow a higher
$1.2741-$1.2785 recovery.

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