A modest dip and solid bounce Thursday for a consolidation tone, but a still positive bias from the Tuesday-Wednesday rebound from the 118.15/11 support area, through notable resistance at the 119.20/27 pivotal area to leaves risk higher for latter February.
- We see an upside bias through 119.18 for 119.42; break here now aims for 119.88.
- But below 118.57 opens risk down through 118.43, maybe for 118.23/15/11, which we would look to try to hold.
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