Price has completed the next leap, from Monthly R1 to R2. It has halted there for a short time but is currently pushing higher pre European open. Next upward target stands at Monthly R3 at 1.1859. A sharp stop run may easily achieve this target quickly. Only a close below Monthly R1 will put upward bias on hold. Important horizontal support comes in at 1.1450-70; 1.1510; 1.1560. It is hard to get in if you aren´t already long but scalping pullbacks on low timeframe (Buying dips) is one strategy IF momentum persists. Unless a dramatic drop happens today the weekly close will be very impressive and pointing to further gains in weeks ahead, perhaps targeting the Yearly R2 at 1.2090.