Bullish: We are currently @ 1.4931. We have convergence to the upside. We are looking for a continuation to the ATR target @ 1.5004 area and then the R4 @ 1.5042 area. Watch the USDX for any change in direction. The ATR for the pair currently is 157 pips per day and its 180 day average is 160 pips per day. USDX is currently up at the time of this post.