Currently the cross is @ 1.3640. The cross is just above a well established long term downtrend with 2 candles trying to establish the break out on the .500 Fibo. If this is a real breakout ( would like more confirmation)expect a move to the 1.3705 / .382 Fibo area first and then to the R5 @ 1.3768 . A return into the trend targets the 1.3545 support area . We are bullish for now.
