Update on supports and resistances.

Resistance3 : 117.5
Resistance2 : 114.75
Resistance1 : 112
Last Price : 107.85
Pivot Point: 112
Support1 : 106.5
Support2 : 104
Support3 : 100

Pivot: 112

Our preference: Short positions below 112 with targets @ 106.5 & 104 in extension.

Alternative scenario: Above 112 look for further upside with 114.75 & 117.5 as targets.

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

117.5
114.75
112
107.85 (last)
106.5
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