Bullish: We are currently @ 94.66 after a channel wall breakout. We are looking for a continuation to the ATR [email protected] 95.39 area and then the day char resistance @ 96.90 area. Watch the USDX for any change in direction. The ATR for the pair currently is 141 pips per day and its 180 day average is 131 pips per day. USDX is currently also possibly down at the time of this post.
The 4 Things you must know in the Forex: http://proacttraders.com/ebook