The Cross has revisited the top of 1.6274 ( there is another high slightly higher at 1.6296) and reacted to the downside. If this the top then we can expect a move back to the .382 fibo and the S2 around the 1.6164 area. We could get a bounce there back to the top and then the target would be the 1.6296. A break of the trend wall targets the .500 fibo and then the 1.6054 area.
Forex