Bearish: USDX is bullish and uncommitted at the time of this post. We have a bear flag pattern( bearish) in play so should now see the resumption of the channel to the downside. We are looking for a continuation to the ATR Target @ 1.1783 area. Watch the USDX for any change in direction. The ATR for the pair currently is 54 pips per day but it’s 180 day average is 61.