Currently we are at 149.05.. A couple of different scenarios. 1: bullish: a move to the upper day chart trend line at 150.68 area) and break out we will look to the 0.382 fibo at 151.52. 2: Bearish : A break down at the 1.2996 area would set up a nice move to the S7 at 147.10. The average daily true range (ATR) for the pair currently is 233 pips.