Update on supports and resistances.

Resistance3 : 76.5
Resistance2 : 74.3
Resistance1 : 72
Last Price : 70.25
Pivot Point: 72
Support1 : 69.2
Support2 : 68
Support3 : 65.5

Pivot: 72

Our preference: Short positions below 72 with targets @ 69.2 & 68 in extension.

Alternative scenario: Above 72 look for further upside with 74.3 & 76.5 as targets.

Comment: the pair is posting a rebound on its support but should be capped by its next resistance.

76.5
74.3
72
70.25 (last)
69.2
68
65.5



*USD/EUR Index: the ISE Exchange measures the strength and weakness of the US DOLLAR versus the EURO. For details go to www.ise.com