TECHS: Swing target At $1.3038 Is.....>

DOLLAR-CANADA: TECHS: Swing target At $1.3038 Is Next Upside Objective

*RES 4: $1.3164 1.618 swing of $1.2998-$1.2729

*RES 3: $1.3125 Mar 19 high, 2% volatility band

*RES 2: $1.3038 1.618 swing of $1.2925-$1.2743

*RES 1: $1.3020 Intraday high

*PRICE: $1.3018 @1608GMT

*SUP 1: $1.2975/85 Hourly support

*SUP 2: $1.2955/60 Hourly basing area May 25

*SUP 3: $1.2916/25 May 23, May 15 highs, now support

*SUP 4: $1.2860 Congestion lows since Mid May

*COMMENTARY* The break back through $1.2925-$1.2935 resistance has given the

upside renewed impetus. Today moving through the upper 1% volatility band and

the May 8 high at $1.2998. Above here and the swing target at $1.3038 can be the

brake to a $1.3125 return, where the Mar 19 high is joined by the upper 2%

volatility band. Support from between $1.2985-$1.2955, will need to lose the

latter before the recent upward momentum loses it's shine.