Forex Strategy is Bullish: We are currently @ 1.3478 after a bounce on the range bottom. We have a significant breakout here so we are looking to continue to the ATR target @ 1.3554 with a further target the 1.618 Fibo 1.3582. USDX is currently down. Watch the USDX for direction. The average daily true range (ATR) for the pair currently is 92 pips per day and it’s 90-day average is 101 pips per day.
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