Currently the cross is @ 0.9353 after bouncing on the .618 Fibo @ 0.9322. Should see a continuation of the bullish move today although a run down to the R4 @ 0.9300 cannot be ruled out yet. Next Target is a return to the R5 @ 0.9444 with the next big target being the double top @ 0.9550. A break of the trendline down is possible and that targets the R3 @ 0.9211. We are bullish on the cross as of now.
Forex