Waiting: USDX is currently going down in what looks like a corrective move but trying to bounce at the time of this post. We are currently @ 1.3478. We broke support and we are looking for an initial move to the ATR Target @ 1.3397. If the USDX is not corrective look up for @ 1.3594 area. Watch the USDX for any change in direction. The ATR for the pair currently is 91 pips per day and its 180 day average is 141 pips.
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