Update on supports and resistances.

Resistance3 : 129.75
Resistance2 : 123.65
Resistance1 : 118.5
Last Price : 109.65
Pivot Point: 118.5
Support1 : 106.75
Support2 : 102
Support3 : 100

Pivot: 118.5

Our preference: Short positions below 118.5 with targets @ 106.75 & 102 in extension.

Alternative scenario: Above 118.5 look for further upside with 123.65 & 129.75 as targets.

Comment: the RSI is capped by a bearish trend line.

129.75
123.65
118.5
109.65 (last)
106.75
102
100



*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