Update on supports and resistances.

Resistance3 : 111
Resistance2 : 107.75
Resistance1 : 104
Last Price : 101.8
Pivot Point: 104
Support1 : 100
Support2 : 97.15
Support3 : 95

Pivot: 104

Our preference: Short positions below 104 with targets @ 100 & 97.15 in extension.

Alternative scenario: Above 104 look for further upside with 107.75 & 111 as targets.

Comment: the RSI is bearish and calls for further decline.

111
107.75
104
101.8 (last)
100
97.15
95



*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