The Cross broke through the trendline and is now headed for the 1.6050 area. We have the .500 fibo there from the last swing high and low as well as the S4. A break of the 1.6050 area targets the .618 Fibo at 1.5999. Further targets are the 1.5933 and the S5 at 1.5903. Watch for a bounce at the 1.6052 area.
