Since the major bull move from .6000 halted for breath at .9400, we have been undergoing a consolidative phase which has likely been completed by the 3-wave downmove to .8575. This phase has also been contained inside a very tidy wedge pattern and it now looks set to break higher. To be on the safe side, I’d probably like to see a daily close above .9325 for confirmation. A measured move of a trendline break would then certainly bring levels close to the previous .9850 high into view.