EURAUD Topping out

Bearish:  We are currently @ 1.4889 in the top of a range. IF we can break the support here, we are looking for a move to the ATR Target @ 1.4755. We have convergence in play on the hourly.  Watch the USDX for any change in direction. The ATR for the pair currently is 134 pips per day and its 180 day average is 142 pips per day. USDX is currently UP.  

#EURAUD