Resistance3 : 114.75 Resistance2 : 111 Resistance1 : 108 Last Price : 105.25 Pivot Point: 108 Support1 : 102.5 Support2 : 100 Support3 : 98.25
Our preference: Short positions below 108 with targets @ 102.5 & 100 in extension.
Alternative scenario: Above 108 look for further upside with 111 & 114.75 as targets.
Comment: a key declining trend line maintains downward pressure.
114.75 111 108 105.25 (last) 102.5 100 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
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