The resistance is the 100 percent Fibonacci projection level of a wave "c" target, and a break above it has opened the way to the 161.8 percent projection level at $1,743. The break has also confirmed a high-low bottom which points to the same target. Support is at $1,703, a fall below which will extend to $1,680. No information in this analysis should be considered as being business, financial or legal advice. Each reader should consult his or her own professional or other advisers for business, financial or legal advice regarding the products mentioned in the analyses.