Bullish: We are currently @ 135.34 in a channel after the trend breakout. We are looking for an initial move to the ATR target @ 136.30 area and then the 0.214 Fibo @ 136.84. Watch the USDX for any change in direction. The ATR for the pair currently is 154 pips per day and its 180 day average is 136 pips per day. USDX is currently down at the time of this post.
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