Bullish: We are currently @ 1.1332 in a range and a flag pattern which is bullish. We are looking to continue to the ATR target @ 1.1400 area with a further target @ 1.1421. Watch the USDX for direction. The average daily true range (ATR) for the pair is 90 pips and it’s 180 day average is 106 pips per day. USDX is currently threatening up.