Forex Strategies: Bearish: We are currently @ 1.3460 in the start of a short move. We are looking for a continuation initially to the 1.3300 area and possibly to the S5 @ 1.3161 area. Watch the USDX for direction. The average daily true range (ATR) for the pair currently is 60 pips and it 90-day average is 69 pips.
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