Bullish: We are currently @ 94.83 in a channel in a range. We have convergence to the upside. We are looking for a continuation to the ATR target @ 95.41 area and then the R5 @ 95.73. Watch the USDX for any change in direction. The ATR for the pair currently is 130 pips per day and its 180 day average is 123 pips per day. USDX is currently down at the time of this post.