Bearish: We are currently @ 1.2148 in a range after putting in a double top at the range top. IF we can break this support, we are looking for a move down to the ATR Target @ 1.2059 area. We should get a reaction there. A continuation would target the 0.382 Fibo @ 1.2019. Watch the USDX for any change in direction. The ATR for the pair currently is 86 pips per day.