Currently we are at 1.2910 reacting to the Announcements. We are looking for a small retracement to the 0.500 Fibo at 1.2936 and then on to the 1.2800 number. The retracement could end up a pullback to the S4 at 1.3011, so keep that in mind. The current average daily trading range (ATR) is 105 pips.EUR/USD" title="EURUSD" width="1680" height="1010">