$EURUSD

What ProAct Forex Target Traders See: We are currently sitting @ 1.0971 in an extremely narrow range. A couple of different scenarios: 1: Bullish: a failure to break the range look to move to the range top @ 1.1155 area and 2: Bearish: A break down to the double bottom support @ 1.0837. The average daily true range (ATR) for the pair currently is 80 pips.

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$USDJPY

What ProAct Forex Target Traders See: We are currently @ 106.35 at the bottom of a trend. We are looking for a bounce and continuation to the 1.270 Fibo @ 108.12. The average daily true range (ATR) for the pair currently is 131 pips.

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$GBPUSD

What ProAct Forex Target Traders See: Cable is currently @ 1.3142 and in a large range. A couple of different scenarios: 1: Bullish: a move to the top @ 1.13543 area and 2: Bearish: A break down to the double bottom support @ 1.2809. The average daily true range (ATR) for the pair currently is 203 pips.

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$AUDUSD – A great smooth currency for Newbie’s!

What ProAct Forex Target Traders See: Aussie is @ 0.7467 and in a possible triangle. We said last week “We are looking for a move to the 0.500 Fibo @ 0.7466”. Pretty close! Looking now for a move to the day chart bottom @ 0.7326 and a bounce there. The average daily true range (ATR) for the pair currently is 82 pips.