Currently the cross is @.8759. The cross has broken the descending wedge and is poised to continue this downward move which is bearish. We do have some divergence in the cross which is Bullish for the cross so we expect that once the target is hit we will bounce pretty hard.. We have a strong support point at the S5 ( .8708) which will provide a good bounce point back to the S4 @ .8849.
