Update on supports and resistances.

Resistance3 : 129.75
Resistance2 : 123.65
Resistance1 : 117.35
Last Price : 111.4
Pivot Point: 117.35
Support1 : 106.75
Support2 : 102
Support3 : 100

Pivot: 117.35

Our preference: Short positions below 117.35 with targets @ 106.75 & 102 in extension.

Alternative scenario: Above 117.35 look for further upside with 123.65 & 129.75 as targets.

Comment: as long as the resistance at 117.35 is not surpassed, the risk of the break below 106.75 remains high.

129.75
123.65
117.35
111.4 (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