Update on supports and resistances.

Resistance3 : 130
Resistance2 : 127.25
Resistance1 : 125.15
Last Price : 117.7
Pivot Point: 116.75
Support1 : 116.75
Support2 : 114.65
Support3 : 108.3

Pivot: 116.75

Our preference: Long positions above 116.75 with targets @ 125.15 & 127.25 in extension.

Alternative scenario: Below 116.75 look for further downside with 114.65 & 108.3 as targets.

Comment: the downside breakout of the 117.65 support area seems to be a false breakout, caution.

130
127.25
125.15
117.7 (last)
116.75
114.65
108.3



*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