This pair appears to be anchored in place. The cross traveled in a 60 pip range before blasting lower 50 pips after Friday's NFP. The fact that the cross has not fallen with risk could indicate a move higher is in the cards. Support can now be found at the .618 Fibfrom the May lows at .7942. A hold at this level and we could see a retest of resistance starting at .80 followed by .8060.
Sup .7942
Res .8060
