Note: USDX is weak at the moment- affects the movement below. Most ATR’s are dropping leading to more ranging.

$EURUSD

What ProAct Forex Target Traders See: We are currently sitting @ 1.1927 inside a channel in a range. We are looking to continue to the 0.382 Fibo @ 1.11889 and then continue to the top @ 1.2095. The average daily true range (ATR) for the pair currently is 68 pips.

————————————————————————---

$USDJPY

What ProAct Forex Target Traders See: We are currently sitting @ 111.57 in a 3^rd wave. We are looking for a continuation to the 0.618 Fibo @ 111.59 area and an overall target of the 0.618 Fibo @ 110.18. This is also our Real Estate of the Month Trade started @ 113.25. The average daily true range (ATR) for the pair currently is 62 pips.

——————————————————————————–

$GBPUSD

What ProAct Forex Target Traders See: We are currently sitting @ 1.3332 in the top of a range. We have divergence so are looking for a movement to the 0.618 Fibo @ 1.3214 area. If it is a 4^th wave watch for the bounce there and if not, look to continue in the range. The average daily true range (ATR) for the pair currently is 84 pips.

——————————————————————————–

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

What ProAct Forex Target Traders See: We are currently sitting @ 0.7620 after the reaction to the falling wedge. We are looking for a bounce back to the 0.500 Fibo @ 0.7714 and then continue back down to the double bottom @ 0.7520 area. The average daily true range (ATR) for the pair currently is 43 pips.