Update on supports and resistances.

Resistance3 : 114.75
Resistance2 : 111
Resistance1 : 107.5
Last Price : 103.25
Pivot Point: 107.5
Support1 : 100
Support2 : 98.3
Support3 : 97.15

Pivot: 107.5

Our preference: Short positions below 107.5 with targets @ 100 & 98.3 in extension.

Alternative scenario: Above 107.5 look for further upside with 111 & 114.75 as targets.

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

114.75
111
107.5
103.25 (last)
100
98.3
97.15



*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