The price climbed and consolidated over 1043.8. We don't have to think about the one hour candles movement, as it coincided with the change in candle, but on the one minute chart we can see how it was only two candles. Today, on the upper side, we can expect the price to top and consolidate 1048.8, where the 200-day MA are. The next target is a move up to 1053, very near the levels from the middle of October. If that happens, this week's movements will be considered as a correction of the fibo 50 of the movement from 985 to 1071.

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