Published August 5th, 2009 - 06:26 GMT Al Bawaba Last week’s break above 1.4340 confirmed that wave v of C is underway towards 1.4720. Near term, a setback into the 1.4200-1.4300 zone (structural support) would warrant bullish action against 1.4000. LatestPopular Small boats attack cargo ship near strait of Hormuz "Taiwan Is Not for Sale": Tense files shadow Trump–Xi meeting Shipping grinds to a halt in the strait of Hormuz after Trump remarks Egyptian singer Hany Shaker dies aged 73 Greater Israel map, nooses: Ben-Gvir's birthday cake sparks controversy Loading content ... Subscribe Sign up to our newsletter for exclusive updates and enhanced content Subscribe Now Subscribe Sign up to get Al Bawaba's exclusive celeb scoops and entertainment news