Published April 18th, 2008 - 05:57 GMT Al Bawaba The rally through 1.0249 confirms that the C wave we had suspected was underway is underway. The 100% extension of .9647-1.0249/.9871 at 1.0473 is an initial bullish objective. Short term supports are at 1.0215, 1.0200 and 1.0157. LatestPopular IAEA chief warns of rising global nuclear arms race Saudi-led rail project to link Turkey to the Gulf revives historic Hejaz route Iran seizes two ships in Strait of Hormuz Turkey buys 44 Eurofighter jets, boosting air power amid F-35 dispute 'Anta Otroq Babi': All you need to know about Arabic version of Sen Çal Kapımı 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