Update on supports and resistances.

Resistance3 : 146.25
Resistance2 : 142.75
Resistance1 : 137.5
Last Price : 129.12
Pivot Point: 126
Support1 : 126
Support2 : 122.5
Support3 : 117.5

Pivot: 126

Our preference: Long positions above 126 with targets @ 137.5 & 142.75 in extension.

Alternative scenario: Below 126 look for further downside with 122.5 & 117.5 as targets.

Comments: the pair is still facing its channel support, caution.

146.25
142.75
137.5
129.12 (last)
126
122.5
117.5



*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