Update on supports and resistances.

Resistance3 : 117.5
Resistance2 : 114.75
Resistance1 : 111.3
Last Price : 110.22
Pivot Point: 111.3
Support1 : 106.5
Support2 : 104
Support3 : 100

Pivot: 111.3

Our preference: Short positions below 111.3 with targets @ 106.5 & 104 in extension.

Alternative scenario: Above 111.3 look for further upside with 114.75 & 117.5 as targets.

Comment: the RSI is still capped by a MT declining trend line and the pair is challenging its resistance, caution.

117.5
114.75
111.3
110.22 (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