Update on supports and resistances.

Resistance3 : 121.25
Resistance2 : 118
Resistance1 : 115.85
Last Price : 114.45
Pivot Point: 110.85
Support1 : 110.85
Support2 : 107.8
Support3 : 104

Pivot: 110.85

Our preference: Long positions above 110.85 with targets @ 115.85 & 118 in extension.

Alternative scenario: Below 110.85 look for further downside with 107.8 & 104 as targets.

Comment: the RSI broke above a declining trend line.

121.25
118
115.85
114.45 (last)
110.85
107.8
104



*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