Update on supports and resistances.

Resistance3 : 111
Resistance2 : 107.75
Resistance1 : 103.5
Last Price : 99.9
Pivot Point: 103.5
Support1 : 98.25
Support2 : 97.15
Support3 : 95

Pivot: 103.5

Our preference: Short positions below 103.5 with targets @ 98.25 & 97.15 in extension.

Alternative scenario: Above 103.5 look for further upside with 107.75 & 111 as targets.

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

111
107.75
103.5
99.9 (last)
98.25
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