FXstreet.com (Barcelona) - As it was expected, the pair is trying to capture again the short term high at the 101.43. The pair turned sharply higher Thursday climbing back above the 100.00 level, its psychological level to close at 100.41.

In words of Mohammed Isah, analyst at FXTechstrategy : While the current price activities remain within its established rising channel, our bias remains to the upside.

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