Spot Price: 123.55
Technical Analysis:
The close above the trend channel top on Friday is encouraging for further topside action and the fact that price has opened above here again today points towards further gaining action. 123.65 is the high from Friday and we will go with a break here but given overbought closeness on the hourly studies prefer to buy dips. The market strategy is to but at 123.35 targets at 124.00