Closing the week at 121.08 from 119.79 at the start was another gain for this pair. Now this was helped in other pairs & this pair caught in the cross-fire and yet managed to make gains for another week. But such one-sided moves can’t last long and there would be some decent re-tracements, more so if the safe haven Yen gets bids due to risk-off sentiments in the markets going into the month & year end and due to re-balancing of portfolios & positions!