Bearish:Currently we are @ 1.9808 in a range. IF we can break slope support and the 0.214 Fibo here, we are looking for a continuation initially to the 0.382 Fibo @ 1.9696 and then to the 0.500 Fibo @ 1.9628. The average daily true range (ATR) for the pair currently is 145 pips but its 90-day ATR is 185 pips a day.