Currently we are @ 0.7982 after bouncing on the .382 Fibo. We could be building a bull flag or a head and shoulders but the cross looks to be staying bullish and a bounce to the .270 fib extension is not out of the question. We are still bullish above 0.7916 but a break of the that would send a signal that a move back to the trend wall bottom or a breakout to the R5 @ 0.7840.
