Spot Price: 1.3785
Technical Analysis:
The market remains in a strong medium-term uptrend from 1.3265 (June 13 low), trading to 1.3815 (on Friday), which is 1.618 of the 1.3265-1.3475 upmove from the 1.3475 break. We expect for gains to 1.39+, which will unlock 1.3990 (November 1995 synthetic high). 1.3760 (last Thursday"s low) should continue to stem losses, but moves below will delay.