Cross has moved to the R6 (1.0152) after finding support on the 2.618 fibo extension and should move to target at 1.0188 which is the former top set on 05/11/2010. Currently in a ascending wedge which is bullish for the cross. Should see a small pullback to the channel line before breaking to the 1.0188 target. . A break here targets the support at 1.0249 4.236 Fibo. A break back to the south targets the 0.9997 area. Due to New Years there will probably be much NOT much momentum to drive crosses very far.
