Scott Barkley
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Scott Barkley in Proact Traders,


Currently we are @ 1.6963 in a channel to the upside.  We are looking for a breakout to the 0.500 Fibo @ 1.6869 and a bounce there. The overall target is 1.6639.  The average daily true range (ATR) for the pair currently is 141 pips.