TECHS: Weaker Tone For Now, But Is....>

DOLLAR-CANADA: TECHS: Weaker Tone For Now, But Is Bouncing

*RES 4: 1.4299 High Apr 2

*RES 3: 1.4262 High Apr 6

*RES 2: 1.4143 High Apr 7

*RES 1: 1.4082 High Apr 8 and key near-term resistance

*PRICE: 1.4024 @ 10:55 BST Apr 15

*SUP 1: 1.3856 Low Apr 13

*SUP 2: 1.3812 50.0% retracement of the Jan 20 - Mar 19 rally

*SUP 3: 1.3798 50-day EMA

*SUP 4: 1.3734 Low Mar 16

USDCAD recently established a bearish tone following the sell-off between Mar 19

- 27. On Monday, 1.3922, Mar 27 low was cleared confirming a resumption of the

downtrend. The move has opened 1.3812 next, 50.0% of the Jan 20 - Mar 19 rally.

Initial firm resistance is at 1.4082, Apr 9 high. A break would ease the current

bearish threat. Note, with USDCAD firmer this morning, today's 24hr close will

be important in relation to highlighting the next likely direction.