The strength of yesterday’s move found its support at the 50% level of 1.0870, but did not touch it. It is likely to remain for testing Monday, which will give a boost for next week.
If we break it the target is 1.0837, where we will be delayed again due to a series of trade interests.
What I may stick with for now is the 1.0918 level which has not been tested.
My setup is bullish until that level is tested.
