Update on supports and resistances.

Resistance3 : 121.25
Resistance2 : 117.5
Resistance1 : 114.6
Last Price : 110.15
Pivot Point: 114.6
Support1 : 107.8
Support2 : 104
Support3 : 100

Pivot: 114.6

Our preference: Short positions below 114.6 with targets @ 107.8 & 104 in extension.

Alternative scenario: Above 114.6 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
114.6
110.15 (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