EURUSD range trade

Bearish: We are currently @ 1.1762 after topping out. We have convergence for the downside move on the 60-minute chart.  We are looking for a continuation to the 0.382 Fibo @ 1.1698 for a possible bounce point to range.  A break down here would target the ATR target @ 1.1673.  Watch the USDX for direction. The ATR for the pair currently is 105 pips. 

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