This pair has been on rally mode since last week and is likely to push higher, way higher. The reason maybe attributed to a weakening USD perception to lift ALL cross pairs for the time being. Friday's USD strength was just a fake out to counter Long setups into next week. Trigger those stops before continuing higher !! LOL! Also, a pullback scenario will see it retrace it towards 1.1215, but unlikely, due to changed perception of USD cross pairs strengths. On the contrary, this pair is set to take out previous monthly highs, moving towards 1.16 level.