Bullish:Currently we are @ 78.52 in a bullish flag pattern in a 5th wave. We are looking for a continuation to the ATR Target of 76.28 and then to the 1.270 Fibo @ 76.91 completing the wave. The average daily true range (ATR) for the pair currently is 55 pips but its 180-day ATR is 73 pips a day.