Update on supports and resistances.

Resistance3 : 130
Resistance2 : 126.75
Resistance1 : 124.5
Last Price : 123.7
Pivot Point: 117.6
Support1 : 117.6
Support2 : 114.65
Support3 : 108.7

Pivot: 117.6

Our preference: Long positions above 117.6 with targets @ 124.5 & 126.75 in extension.

Alternative scenario: Below 117.6 look for further downside with 114.65 & 108.7 as targets.

Comment: the RSI has just landed on a support around 30% and is reversing up.

130
126.75
124.5
123.7 (last)
117.6
114.65
108.7



*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