Although the pair continues to retain its short term bearishness triggered from the 94.97 level in early May'2010, corrective recovery initiated from the 86.25 level is set to continue as it turned off its intra day low on Friday to close the week higher at 87.38. Further corrective gains are likely to target the 88.40 level, its July 15'10 high with a violation of there targeting the 89.14 level is required to invalidate its current downside bias and turn attention towards the 89.68 level, its broken rising trendline. Its daily RSI is bullish and pointing higher supporting this view. Alternatively, on pullbacks the 86.25 level will be targeted with a cut through there targeting the 84.80 level, its 2010 low. Below there will turn attention to the 82.00 level, its psycho level.