Bearish: USDX is currently going up at the time of this post. We are currently @ 1.3561 in a rising wedge. We have the divergence in play. We are looking for an initial move to the ATR Target @ 1.3500 area with a continuation to the 0.382 Fibo @ 1.3437. Watch the USDX for any change in direction. The ATR for the pair currently is 79 pips per day and its 180 day average is 85 pips per day.
Free Forex eBook: http://proacttraders.com/ebook