Bulls consolidate under new 11-month high; scope for further advance

The dollar eases from new nearly 11-month high at 114.06 on Tuesday, taking a breather after three weeks of strong rally, which resulted in break and close above pivotal barriers at 113.22/30 (weekly 200SMA / Fibo 61.8% of 118.66/104.63 fall).
Bulls now look for test of next key barrier at 114.73 (06 Nov 2017 high), with current easing seen as positioning for fresh advance.
Broken pivots (Fibo 61.8% / weekly 200SMA) should ideally contain dips to keep immediate bulls intact, however, strongly overbought daily slow stochastic warns of deeper pullback towards pivotal supports at 113.00 zone (rising 10SMA / sideways-moving daily Tenkan-sen).
Only break here would sideline bulls and allow for deeper correction which could extend towards rising 20SMA (112.29).

Res: 113.64; 113.74; 114.00; 114.36
Sup: 113.68; 113.30; 113.18; 113.00