A follow-through higher on its Thursday gains has seen the pair pushing further higher in early trading today. This development now suggests a move higher towards the 1.5470 level, its July'15'10 high. With a break through there resuming its short term uptrend towards its April 15'10 high at 1.5521 and possibly higher. Alternatively, on pullbacks the pair should target its violated trendline at 1.5226. This level is expected to hold and provide support thus turning the pair higher again. Further down, the 1.4947 level, its July 12'10 low comes in as the next support with a clearance of there aiming at the 1.4872 level, its July 01'10 low.