R3: 100.80

R2: 100.30/40

R1: 100.00

Current Price: 99.36

S1: 98.80

S2: 98.20/30

S3: 97.80

Rate completes a two-bar reversal adding an exponential reversal signal; good signs of an extended correction in the works. Rally on stop driven trade likely to take a few days as late shorts will need time to take their beatings. Stops likely over the 100.50 area in large size as that was where the sentiment turned really negative last week. Rhetoric likely to drive additional buying as early longs are encouraged by BOJ and other Asian officials welcoming the fed move.