Watching this pair closely to see if a rise in price will manifest within the upcoming weeks. If price decides to reach the 78.500 range I will be more interested in looking for some sell setups for a nice drop to the downside. Target on the fall is around 72.250. Paying special attention to any chart pattern and subtle clues during top down analysis.
Disclosure: *Trading foreign exchange carries a high level of risk. Trading is not for everyone and losses could easily exceed investment capital. Results are not typical. Use proper risk management and smaller lot sizes to protect accounts.