Currently weare at 1.3121 After a Bull flag and a trend line break to the upside. Looking for this to be the catalyst to start the 3rd wave. We are looking for a bullish continuation to the resistance @1.3230 with the next target the resistance cluster top @ 1.3267-3300. Thecore CPI could change all this though. The average daily true range (ATR) for the pair currently is 119pips.