Update on supports and resistances.

Resistance3 : 146.25
Resistance2 : 142.75
Resistance1 : 137.5
Last Price : 127.3
Pivot Point: 137.5
Support1 : 126
Support2 : 122.5
Support3 : 117.5

Pivot: 137.5

Our preference: Short positions below 137.5 with targets @ 126 & 122.5 in extension.

Alternative scenario: Above 137.5 look for further upside with 142.75 & 146.25 as targets.

Comments: the immediate trend remains down and the momentum is strong.

146.25
142.75
137.5
127.3 (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