Note: Currently USDX is bullish – affects the direction below so I will give both scenarios.

$EURUSD

What ProAct Forex Target Traders See: We are currently sitting @ 1.1819 in a range. We are looking for a continuation down to the double bottom support @ 1.1659 and then the bottom @ 1.1484. The average daily true range (ATR) for the pair currently is 81 pips.

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$USDJPY

What ProAct Forex Target Traders See: We are currently sitting @ 112.52 in a range. We are looking for a continuation up to the double top resistance @ 113.26 and then the range top @ 114.37. The average daily true range (ATR) for the pair currently is 86 pips.

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$GBPUSD

What ProAct Forex Target Traders See: We are currently sitting @ 1.3400 after completing a big 5 waves up move. Up move was a fundamental reaction so… A couple of different scenarios: 1: Bullish: a corrective move first to the support @ 1.3254 area and bounce to go up again 2: Bearish: A break down to the 0.618 Fibo support @ 1.3112 and then the bottom @ 1.2997. The average daily true range (ATR) for the pair currently is 129 pips.

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

What ProAct Forex Target Traders See: We are currently sitting @ 0.7843 in a triangle. We are looking for a continuation down to the 1.618 Fibo support @ 1.7712, bounce and then the bottom @ 1.7631 area. The average daily true range (ATR) for the pair currently is 64 pips.