Currently we are  @ 103.31  after the break of the wedge and the .214 Fibo-which is bullish for the pair.  The expected move is up to the resistance zone  in the  103.92-104.18 area.  A break here suggests a move to the resistance  @ 104.66 and that should finish the move.  

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Comment by NACHAR AHMED SUMON on October 17, 2012 at 5:33pm

thanks

Comment by Scott Barkley on October 17, 2012 at 5:34pm

Watch for the short setup either now or at the target

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