TECHS: Still Trading Below Recent.....>

DOLLAR-CANADA: TECHS: Still Trading Below Recent Highs

*RES 4: 1.3535 High Jun 3

*RES 3: 1.3500 Round number resistance

*RES 2: 1.3465 High Feb 28 and key resistance

*RES 1: 1.3441 High Mar 2

*PRICE: 1.3422 @ 17:03 GMT Mar 6

*SUP 1: 1.3315 Low Mar 2

*SUP 2: 1.3266/67 Trendline support drawn off the Jan 7 low / Low Feb 25

*SUP 3: 1.3202 Low Feb 21 and key support

*SUP 4: 1.3155 Low Jan 28 and 29

USDCAD continues to trade below the Feb 28 high of 1.3465. The outlook is

unchanged. Whether the recent pullback off this high is a reversal is still too

early to tell and attention is on support at 1.3317, probed briefly Monday. A

clear break would open 1.3267, Feb 25 low ahead of the key t-line support at

1.3266. The t-line is drawn off the Jan 7 low. On the upside, the bull trigger

remains 1.3465.