Update on supports and resistances.

Resistance3 : 111
Resistance2 : 109.15
Resistance1 : 106
Last Price : 103.7
Pivot Point: 106
Support1 : 101.3
Support2 : 99.5
Support3 : 98.25

Pivot: 106

Our preference: Short positions below 106 with targets @ 101.3 & 99.5 in extension.

Alternative scenario: Above 106 look for further upside with 109.15 & 111 as targets.

Comment: the RSI is capped by a bearish trend line.

111
109.15
106
103.7 (last)
101.3
99.5
98.25



*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