Upward trend expected to continue as market price still well above the SMA100 and there is a new support at 207 to 205$ level where it is good to buy on dip.Market has been range bound between 220 and 260$ since 30th of december looking for a decisive break, successful break of the resistance now at 260 can take the pair up to the third resistance at $296 or even 300$ ,so watch out. Will recommend a strong buy on dip around $221 or $223 with a take profit at $290 or $300 and stop loss at 185...dont forget to trail your profits as they come