Update on supports and resistances.

Resistance3 : 137.6
Resistance2 : 134
Resistance1 : 130
Last Price : 123.5
Pivot Point: 121.5
Support1 : 121.5
Support2 : 117.5
Support3 : 113.5

Pivot: 121.5

Our preference: Long positions above 121.5 with targets @ 130 & 134 in extension.

Alternative scenario: Below 121.5 look for further downside with 117.5 & 113.5 as targets.

Comments: the RSI is mixed with a bullish bias.

137.6
134
130
123.5 (last)
121.5
117.5
113.5



*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