Prices continue to race higher after rebounding from
rising channel support set from mid-March, taking out the 38.2%
Fibonacci retracement at 102.92.
Buyers now aim to challenge the 50% level at 104.14, with a break above that exposing the 61.8% Fib at 105.36. Alternatively, a move back below 102.92 eyes the 23.6% retracement at 101.42.
