ICE canola futures slip in listless trade

WINNIPEG, Manitoba, Aug 19 (Reuters) - ICE canola futures slipped in listless trade, remaining at the low point of a nearby range beneath resistance.

• November canola RSF5 settled down $5.70 at $646 per metric ton. January RSF6 fell $5.80 to $657.50.

• Trading volume has been light in recent sessions despite the China news and canola starting to be harvested.

• Canola prices have moved little from the $660-643 range since being hammered down by China's decision to impose duties on Canadian canola seed a week ago.

• Technical analyst David Drozd of AgChieve said canola futures are more likely to fall than rise now, with $665 being overhead resistance. That level was resistance in October, November and February, before being breached in May.

• "Until we can get back above $665, the trend is still down," said Drozd, who sets support at $590-600.

• Chicago Board of Trade soyoil futures BOv1 fell 2.43% on profit-taking.

• Euronext rapeseed futures COMc1 fell 0.47%.

• Malaysian palm oil futures FCPOc3 fell 0.92% on profit-taking after hitting a five-month high during the session. POI/

• The Canadian dollar CAD= fell. CAD/