Currently the cross is @1.0140 . We have a little bounce on the .786 Fibo and now expect a continued move through the S4 /.786 fibo down to the double bottom @ 1.0052. We are in a wave 5 to the downside so a break of the bottom targets the S5 support @ 0.9974 area. A hard bounce at current price would target a move back to the S3 @ 1.0207. We are bearish.
