Bullish:Currently we are @ 1.2735 in the range. We are looking for a continuation initially to the ATR target @ 1.2735 and then to the 0.500 Fibo @ 1.2868. Look for a pullback there. The average daily true range (ATR) for the pair currently is 78 pips but its 180-day ATR is 109 pips a day.