• Short trade endured the climb to 1.0700 in early Europe
  
  
• Now moving towards the 1.0518 low from Mar 13
  
  
• Once prices close below this level, lower the stop to start booking profits
  
  
• Target at 1.0420 is by the 1.0414 Feb 9 swing low
  
  
• The 38.2% of the 0.9776-1.0811 rise at 1.0416