Spot Price: 2.0585
Technical Analysis:
This market remains very bid, we have a target of 2.0745 (June 1981 high), above which will accelerate gains. 2.0500 (today"s low) underpins the market, keeps the overall focus on the upside. Interim support has formed around the 2.0520/2.0550 region, this should continue to stem near-term corrective activities. Moves below 2.0500 needed to delay upside moves.