Haste start to the week for A/U, upside looks genuine at this stage with E/U and commodities running alongside.
Daily chart with last weeks low closely matching the 78.6% retrace of Oct11-Mar12's 97.02 at 96.898.
Currently travelling around the 76.4% retrace of 2011, with first daily resistance up at 98.68-.12/d
Dow & Dax likely to reach trends now up at 12660/6470.