Price has made a bullish exit from our triangle formation as expected. We remain bullish above 124.34 support (Fibonacci retracement, horizontal overlap support) for a further push up to at least 125.06 resistance (Fibonacci extension, Elliott wave theory).
RSI (34) sees a long-term ascending support line hold price up really well and keep our bullish view.
Buy above 124.34. Stop loss at 123.99. Take profit at 125.06.
