Update on supports and resistances.

Resistance3 : 155
Resistance2 : 152.5
Resistance1 : 146.25
Last Price : 135.35
Pivot Point: 133.65
Support1 : 133.65
Support2 : 130
Support3 : 126.5

Pivot: 133.65

Our preference: Long positions above 133.65 with targets @ 146.25 & 152.5 in extension.

Alternative scenario: Below 133.65 look for further downside with 130 & 126.5 as targets.

Comments: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

155
152.5
146.25
135.35 (last)
133.65
130
126.5



*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