The pair holds firm tone and extends recovery rally from 112.00 zone into fourth consecutive day.
Bulls probe again above cracked double Fibo barrier at 113.25 (Fibo 61.8% of 113.74/110.83 descend / Fibo 76.4% of 113.63/112.05 downleg), firm break of which would be bullish signal for final push towards key points at 113.63 (21 Dec high) and 113.74 (12 Dec peak).
Bullish daily techs continue to underpin, however, converged 10/55/20SMA which now act as initial supports at 112.97/92 zone, are moving sideways, suggesting that bulls may enter consolidative phase before resuming higher.
Daily cloud top marks key near-term support at 112.78 and break lower would generate negative signal.
Res: 113.38, 113.63, 113.74, 114.00
Sup: 113.00, 112.92, 112.78, 112.68
