Cross is trying to break the descending wedge at 1.3073 . Target is the strong support at 1.3016 looking for a move ultimately to the S6 at 1.2887. Failure to break here targets a move back to the top of the wedge. A break of the wedge to the north targets the 1.3246 ( s4) area. Due to Christmas there will probably be much momentum to drive crosses very far.
Forex