Currently the cross is @ 1.0125 after bouncing on the .618 Fibo @ 1.0058. Should see a continuation of the bullish move today. The holidays and lack of liquidity could stall the movement on the cross. Next target is a return to the .382 Fibo @ 1.0181 with the next big target being the R5 @ 1.0253. A break of the trendline down is possible and that targets the R3 @ 1.0020. We are bullish on the cross as of now.
