Bullish: We’re lately @ 1.2250 simply out of a falling wedge. IF we will destroy the R2 right here, we’re on the lookout for a continuation to the ATR goal 1.2398 with an additional goal @ 1.2416. Look ahead to the reversal there. Watch the USDX for any trade in route. The ATR for the pair lately is 146 pips in keeping with day and its 180 day reasonable is 121 pips in keeping with day. USDX is lately Down on the time of this put up.
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