Update on supports and resistances.

Resistance3 : 125.15
Resistance2 : 122
Resistance1 : 120
Last Price : 116.52
Pivot Point: 113.8
Support1 : 113.8
Support2 : 109.9
Support3 : 108.3

Pivot: 113.8

Our preference: Long positions above 113.8 with targets @ 120 & 122 in extension.

Alternative scenario: Below 113.8 look for further downside with 109.9 & 108.3 as targets.

Comment: the daily RSI is coming back above a key level, caution.

125.15
122
120
116.52 (last)
113.8
109.9
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