Note: USDX is just oscillating up and down which creates no commitment in the majors. Watch for a definitive answer next week on USDX. $EURUSD What ProAct Forex Target Traders See: We are currently sitting @ 1.1279 in a small range. The range has an upward bias do to the higher lows. A couple of different scenarios: 1: Bullish: a move to the range top @ 1.1470 area and 2: Bearish: A break down to the 0.618 Fibo @ 1.1072. The average daily true range (ATR) for the pair currently is 93 pips.
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