The pair maintains positive tone at the beginning of the week and retested key barrier at 113.33 (Fibo 61.8% of 114.54/111.37) which repeatedly capped upside attempts last week.

Upbeat US jobs data on Friday boosted the dollar, but bulls are for now lacking momentum for eventual break above 113.33 pivot which would signal bullish continuation and expose barriers at 113.80/114.00.

Dip-buying remains favored scenario with initial support at 112.85 (30SMA) and extended duips to find ground above 112.65 (rising 10SMA).

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Res: 113.33, 113.80, 114.10, 114.54
Sup: 113.10, 112.85, 112.65, 112.50


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