Update on supports and resistances.

Resistance3 : 127.5
Resistance2 : 122.5
Resistance1 : 116.5
Last Price : 109.3
Pivot Point: 116.5
Support1 : 106
Support2 : 102
Support3 : 94

Pivot: 116.5

Our preference: Short positions below 116.5 with targets @ 106 & 102 in extension.

Alternative scenario: Above 116.5 look for further upside with 122.5 & 127.5 as targets.

Comment: the RSI has just banged against its neutrality area at 50% and is reversing down.

127.5
122.5
116.5
109.3 (last)
106
102
94



*USD/AUD Index: the ISE Exchange measures the strength and weakness of the US DOLLAR versus the AUSTRALIAN DOLLAR. For details go to www.ise.com