Preference:

Price is on a bullish momentum and abiding to our bullish trendline. We see potential for prices to climb from our Pivot at 114.648 in line with 61.8% Fibonacci extension towards our 1st resistance at 115.211 in line with 100%, 161.8% and 127.2% Fibonacci extension.

Alternative Scenario:

Alternatively, prices might dip to our 1st support at 114.273 in line with 61.8% Fibonacci retracement.

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