Yes, a new pennant formation, we need a trade above .725 to break out to the upside.

Key supports are .60 long term - .68 short term.

If we can take out .76 there is not much in the way of resistance until .94 then 1.24 and ultimately 1.55

You need to pull up a 5yr chart 1yr and a 3 month to see the overall picture.

Good luck all...takeover rumors abound on the NOT site might make for an interesting week ahead.

GS40