$EURUSD

What ProAct Forex Target Traders See: We are currently sitting @ 1.1089 in a narrow range. We are looking for a continuation to the Range Bottom @ 1.0960 and a break of that look to the 1.0837. The average daily true range (ATR) for the pair currently is 66 pips.

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$USDJPY

What ProAct Forex Target Traders See: We are currently @ 101.78 in a range but we believe we are trying to trend. We are looking for a continuation to the trend wall for a 4^th wave @ 102.44 before a continuation to the day chart bottom @ 99.02. A failure to break down look for the 0.214 Fibo @ 105.02The average daily true range (ATR) for the pair currently is 139 pips.

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$GBPUSD

What ProAct Forex Target Traders See: Cable is currently @ 1.3075 and in a large range. We are looking for a continuation to the 0.786 Fibo @ 1.2944 before a continuation to the Range bottom @ 1.2809. The average daily true range (ATR) for the pair currently is 146 pips.

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

What ProAct Forex Target Traders See: Aussie is @ 0.7622 and in a Triangle. A couple of different scenarios: 1: Bullish: a move to the range top @ 1.7830 area and 2: Bearish: A break down to the 0.500 Fibo @ 0.7337. We have divergence so the downside bias is favored. The average daily true range (ATR) for the pair currently is 80 pips.