Update on supports and resistances.

Resistance3 : 134
Resistance2 : 127.5
Resistance1 : 122
Last Price : 115
Pivot Point: 111
Support1 : 111
Support2 : 105
Support3 : 102

Pivot: 111

Our preference: Long positions above 111 with targets @ 122 & 127.5 in extension.

Alternative scenario: Below 111 look for further downside with 105 & 102 as targets.

Comment: the RSI has just landed on a support around 30% and is reversing up.

134
127.5
122
115 (last)
111
105
102



*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