$EURUSD

What ProAct Forex Target Traders See: We are currently sitting @ 1.1253 in a small range. The range has an upward bias do to the higher lows. We are looking for a continued move to 1.1200. Watch for a bounce or breakout there. Long: back to top @ 1.1470. Short: look to the 0.618 Fibo @ 1.1077. The average daily true range (ATR) for the pair currently is ONLY 78 pips.

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$USDJPY

What ProAct Forex Target Traders See: We are currently @ 106.78 but still inside the range. We are looking initially for a continuation to the bottom @ 105.49. A break of the range; look to 104.16. The average daily true range (ATR) for the pair currently is 107 pips.

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$GBPUSD

What ProAct Forex Target Traders See: Cable is currently @ 1.4261 and in a large range. We hit our targets last week @1.4200 and now looking for a continuation to the Range bottom @ 1.4000. The average daily true range (ATR) for the pair currently is 125 pips.

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

What ProAct Forex Target Traders See: Aussie is @ 0.7377 and back in a range. We are looking for an initial move to 0.7158 and then 0.7000. The average daily true range (ATR) for the pair currently is 73 pips.