The pair gave a strong close at yesterday's session after the weak Canadian building permits. The total value of building permits was $7.5 billion in October, edging up 0.7% from September. We have been recommending buying for 5 weeks. The pair favours buying on every dip with higher targets as I am waiting for close above 1.1467 on a daily basis with the targets at 1.1570, 1.1640, and 1.1740. At yesterday's session, the pair managed to close above 1.1467. The prices are closed and trading above 12ema and 35DEMA. We recommend fresh buying above 1.1500 levels with the targets at 1.1515, 1.1550, and 1.1570. The pair has hourly support at 1.1450 and intraday support at 1.1390. Use dip to add more longs. The hourly momentum oscillators are giving an overbought sign. Fresh buyers can wait for a minor healthy correction at today's session. In case if we get a minor correction, traders can buy at 1.1450 with sl 1.1425. We recommend fresh selling at 1.1420 with the targets at 1.1390 and 1.1370 levels.