Having maintained a third week of consecutive upside gains, risk continues to point higher towards the next resistance level residing at the 1.5308 level, its May'10 high. A breach of there will call for more strength towards its April 15'10 high at 1.5521. A breather is expected at that level to turn the pair down again. Its weekly RSI is bullish and pointing higher supporting this view. On the contrary, a decisive clearance of the 1.4569 and the 1.4344 levels must occur for its present strength to reverse and open risk towards the 1.4257/26 levels. Below there will annul its corrective recovery and create scope for the resumption of its broader weakness from the 1.7041 level towards its March'2009 low at 1.4112 and then its big psycho level at 1.4000.