Update on supports and resistances.

Resistance3 : 121.25
Resistance2 : 117.5
Resistance1 : 113
Last Price : 108
Pivot Point: 113
Support1 : 107.8
Support2 : 104
Support3 : 100

Pivot: 113

Our preference: Short positions below 113 with targets @ 107.8 & 104 in extension.

Alternative scenario: Above 113 look for further upside with 117.5 & 121.25 as targets.

Comment: the RSI is capped by a bearish trend line.

121.25
117.5
113
108 (last)
107.8
104
100



*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