Forex Strategies: Bullish: We are currently @ 2.1559 in a range. We have convergence in play for the up move.
We are looking for the continuation to the ATR target @ 2.1629 and then a reversal. Watch the USDX for direction. The average daily true range (ATR) for the pair currently is 152 pips and it 90 day average is 136 pips.