• Cross sees light profit taking in Asia after opening +0.6% on strong AUD short squeeze
  
  
• Strong close validates Thursday's hammer reversal - significant positive
  
  
• Initial targets of 1.0488, 38.2% of 2015 fall
  
  
• Momentum studies & 5dma base - 10 & 20 dma's still head south
  
  
• Suggests consolidation - earlier low & 10 dma at 1.0410 support