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Although dollar's breach of previous res area at 104.90/00 (now sup) has pushed price sharply higher to 105.70 on Friday and marginal gain to 105.90/00 is envisaged after initial consolidation, near term 'loss of momentum' shud prevent further strong gain today and reckon 106.20/25 would cap upside, yield a long-overdue minor correction.
On the downside, only a firm break of 104.83/89 would confirm a temporary top is in place and bring retracement to 104.20/30.
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