Bearish: USDX has printed an abc corrective pattern at the time of this post but is uncommitted YET to the down move. IF we get traction, we are looking for a continuation to the ATR Target @1.6561 area. We have a channel and a MACD break already. Watch the USDX for any change in direction. The ATR for the pair currently is 122 pips per day and it’s 180 day average is 154 pips.