Currently @ 1.0650. The cross has made a valiant effort to keep it’s head up in spite of divergence being in this cross. We are staying bullish – for now. The target is the 1.0778 which is the 1.270 fib extension. The upper target is the R7 @ 1.0928. If divergence eventually wins then look for the cross to retrace to the 1.0538 R6 area (.382 Fibo).
Forex