Bearish: Currently we are at 1.6732 in a big channel. If we can break this support, we are looking for a move down to the ATR target @ 1.6521. The Average Daily True Range (ATR) for the pair currently is 215 pips. WATCH THE USDX for more clues.
Join 19,259 awesome people who get the latest free content from Introduction to Forex Target Trading in their inbox.
You'll start receiving free content from Introduction to Forex Target Trading right away!