Currently the cross is @ 1.5530 after breaking out of the bear flag and going nowhere. The Cross is showing some signs of heading north although we are still clearly in a downtrend. A test of the 1.5553 and a break there look for the .500 Fibo as the upper immediate target @ 1.5597 then the .382 @ 1.5641. If the 1.5553 holds look for a return to the bottom @ 1.5423.
