Update on supports and resistances.

Resistance3 : 125
Resistance2 : 119.75
Resistance1 : 116.75
Last Price : 115.25
Pivot Point: 108
Support1 : 108
Support2 : 105.5
Support3 : 103

Pivot: 108

Our preference: Long positions above 108 with targets @ 116.75 & 119.75 in extension.

Alternative scenario: Below 108 look for further downside with 105.5 & 103 as targets.

Comment: the RSI broke above a declining trend line.

125
119.75
116.75
115.25 (last)
108
105.5
103



*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