Waiting: Currently we are at 1.8847 in a channel. A reaction at the channel wall down would Target the 0.786 Fibo @ 1.8754. A breakout, look for the 0.382 Fibo @ 1.3233. The average daily true range (ATR) for the pair currently is 105 Pips. WATCH THE USDX for more clues.
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