Currently we are @ 106.44  after breaking below the 0.618 Fibo.  We have had little pullback/retrace and the cross has already run further then it’s ATR of 110 pips.   Down on the lower charts however, we are building a descending wedge which is accumulation for another move.  Look for the .786 Fibo @ 106.02 and watch here for a bounce.



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