• Pair continues trading above the Ichimoku cloud indicative of upside potential
  
  
• Daily close above tenkan line required at 119.29
  
  
• Tenkan & kijun lines stay positively aligned, also a bullish sign
  
  
• Solid support noted at 118.10/11 - 61.8% of 116.64-120.48/Feb 16 low
  
  
• Temporary support at 118.75 - Mon's low
  
  
• Traders have raised bid to 118.80