TECHS: Week's low untroubled: *RES....>

DOLLAR-CANADA: TECHS: Week's low untroubled:

*RES 4: 1.3452 High Jun 4

*RES 3: 1.3435 76.4% retracement of the May 31-Jul 19 decline

*RES 2: 1.3432 High Jun 18

*RES 1: 1.3346/55 High Aug 20 / 61.8% retracement of the May 31-Jul 19 decline

*PRICE: 1.3295 @ 17:45 GMT Aug 22

*SUP 1: 1.3251 Low Aug 19

*SUP 2: 1.3185 Low Aug 13

*SUP 3: 1.3145 61.8% retracement of the Jul 19-Aug 7 rally

*SUP 4: 1.3106 Low Jul 31

USDCAD probed the Aug 7, 1.3345 high Tuesday but failed to follow through. Price

action also remains below the 61.8% retracement of the May 31-July 19 decline

which represents the next key near-term resistance. A move above here would

further reinforce a bullish theme and open 1.3432, allowing for an extension of

the uptrend that has been in place since Jul 19. Initial support lies at 1.3251,

Monday's low, untroubled yesterday despite some modest CAD strength.