Update on supports and resistances.

Resistance3 : 127.5
Resistance2 : 122.5
Resistance1 : 117
Last Price : 109.2
Pivot Point: 117
Support1 : 105
Support2 : 102
Support3 : 94

Pivot: 117

Our preference: Short positions below 117 with targets @ 105 & 102 in extension.

Alternative scenario: Above 117 look for further upside with 122.5 & 127.5 as targets.

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

127.5
122.5
117
109.2 (last)
105
102
94



*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