Update on supports and resistances.

Resistance3 : 111
Resistance2 : 108.85
Resistance1 : 106
Last Price : 101.45
Pivot Point: 106
Support1 : 99.5
Support2 : 98.35
Support3 : 97.15

Pivot: 106

Our preference: Short positions below 106 with targets @ 99.5 & 98.35 in extension.

Alternative scenario: Above 106 look for further upside with 108.85 & 111 as targets.

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

111
108.85
106
101.45 (last)
99.5
98.35
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