Bulls extend consolidation under key barriers; broken 200SMA continues to underpin

The pair shows strong hesitation at 112 barrier, following the third straight failure to close above here, but the price remains within tight range (111.64/112.13), keeping the downside limited.
Extended consolidation is likely to precede fresh push higher and eventual probe through significant barriers at 112.20/30 (Fibo 76.4% of 114.54/104.59 / 200WMA), break of which would generate strong bullish signal for continuation of uptrend from 104.59.
Dip-buying scenario remains in play while 200SMA support (111.35) holds.

Res: 112.13; 112.20; 112.31; 112.60
Sup: 111.74; 111.35; 111.24; 110.85