Currently the cross is @ 1.3574 . We have broken out of the Downtrend but as shown it has done that before and come right back into it. It is square up day as well as options expiration day so we want to be sure on direction before taking any action. A bounce on the 1.3550 support line would indicate bullish character and look for a move to the 1.3724 (interim target is 1.3656)Should it break the 1. 3550 support look for one more push to the downside and a double bottom @ 1.3422.
