Having held firmly above the 1.5052 level, its May 10'10 high and traded to a high of 1.5227 the past week, it now looks to head further higher towards its falling trendline located at the 1.5345 level. Another resistance level before this one is located at the 1.5308 level, its May'10 high. The 1.5345 level is expected to turn the pair back down on initial test. However, if beyond that level is traded it will call for further strength towards its psycho level at 1.5400 and then its April 15'10 high at 1.5521. Its weekly RSI is bullish and pointing higher supporting this view. Alternatively, on any pullback from the current price levels, we expect the 1.5127 level to serve as the initial support where a reversal of roles is expected to turn the pair higher again. Below there will activate further weakness towards the 1.4872 level, its July 01'10 low followed by the 1.4685 level, its Jun 22'10 high.