ISE FX Canadian Dollar: continuation of the rebound.

By @ibtimes on

Update on supports and resistances.Resistance3 : 117.2Resistance2 : 114.5Resistance1 : 111Last Price : 108.15Pivot Point: 104Support1 : 104Support2 : 102.5Support3 : 99.5Pivot: 104Our preference: Long positions above 104 with targets @ 111 & 114.5 in extension.Alternative scenario: Below 104 look for further downside with 102.5 & 99.5 as targets.Comment: the RSI is bullish and calls for further advance.117.2114.5111108.15 (last)104102.599.5*USD/CAD Index: the ISE Exchange measures the strength and weakness of the US DOLLAR versus the CANADIAN DOLLAR. For details go to www.ise.com

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