Forex Strategies: Bearish for now: We are currently @ 1.3612 in an ABC ( with the BC still ahead of us). After the ABC we are looking for a continuation to the S5 @ 1.3357. If USDX keeps down watch for a breakout. Watch the USDX for direction. The average daily true range (ATR) for the pair currently is 99 pips and it 90-day average is 72 pips.
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