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TECHS: Trading Below 1.3465 *RES 4:...>

DOLLAR-CANADA
DOLLAR-CANADA: TECHS: Trading Below 1.3465
*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: 1.3357 @ 06:32 GMT Mar 4
*SUP 1: 1.3315 Low Mar 2
*SUP 2: 1.3267 Low Feb 25
*SUP 3: 1.3251 Trendline support drawn off the Jan 7 low
*SUP 4: 1.3202 Low Feb 21 and key support
USDCAD continues to trade below Friday's high of 1.3465. Whether the pullback
off this high is a reversal is too early to tell and attention shifts to support
at 1.3317 which was probed briefly Monday. A clear break would open 1.3267, Feb
25 low ahead of the key trendline support at 1.3251. The trendline is drawn off
the Jan 7 low, a breach would be bearish. On the upside, key resistance and the
bull trigger is at 1.3465.

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