Cross is missed the 1.3695 three times yesterday so will consider that a sign of weakness. It has since pulled back to the channel line and bounced. If the trend is your friend till it bends – it is bending. May see another move north to the 1.3650. This will tell what the cross wants to do: 1) Take out the top again at 1.3695? or 2) breakdown. Targets down are the Fibo’s – .500 at 1.3522 is most likely for now.
