Despite Friday’s corrective break, trade is bullish, suggesting a push bach to attack into previous peaking levels over 105.75. A close over 105.75 is bullish. We may yet see near term corrective dips or defensive congestion days. A drop under 105.01 alerts for a retracement against 104.50, testing for a larger topping turnover.

R2         105.75
R1         105.47

 
S1          105.01
S2          104.76