With a break above 1,06 last friday, the pair has shown renewed strengh and confirmed a possible bullish resumption.
Next target is given by the former trendline support at 1,08. A break above this level would negate the bearish reversal structure.
Any setback should be well supported by the 1,06 former resistance. A daily close below this level would concern though.
Provided by atf-forex-trading.com