Watch for Breakout of this zone! I'm Long Biased because support at 132.50-70 held for some time. Long till 135.20-40 area.
Confluence between .618 fib projection of the recent move up and rising trend line. Also time element seems to be in harmony: recent move up is approx 13 bars, and we are in bar 7 now. So looking at this pair closely in about 5-7 hours from now. Short around the 111.80 zone if opportunity arises. Plus: major daily resistance around the 111.80-112.20 area