Currently @1.0719. The cross has now built a bull flag after the failed attempt to reach the target yesterday. We are looking for more upside today to the R5 @ 1.0768 – 1.0779. The 4.236 fibo extension is a juicy target @ 1.0813 IF we get some traction. Expect a pullback at either target as this completes wave 1 to the upside. Should it break to the south look for 1.0624(R4 ) as the target down.
Forex