Forex Strategy is Bullish: We are currently @ 1.7866 in a range. If USDX continues up, we are looking for a continuation to the ATR target @ 1.7924 area and then to the 0.618 Fibo @ 1.7948. Watch the USDX for direction. The average daily true range (ATR) for the pair currently is 138 pips and it’s 90-day average is 145 pips per day.