Update on supports and resistances.

Resistance3 : 146.25
Resistance2 : 142.75
Resistance1 : 137.5
Last Price : 132.55
Pivot Point: 129
Support1 : 129
Support2 : 126
Support3 : 122.5

Pivot: 129

Our preference: Long positions above 129 with targets @ 137.5 & 142.75 in extension.

Alternative scenario: Below 129 look for further downside with 126 & 122.5 as targets.

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

146.25
142.75
137.5
132.55 (last)
129
126
122.5



*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