$EURUSD

What ProAct Forex Target Traders See: We are currently sitting @ 1.0831 and waiting for a continuation of a 3^rd wave. Look to the strong support @ 1.0683 as an interim target in route to 1.0448. The average daily true range (ATR) for the pair currently is 123 pips.

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$USDJPY

What ProAct Forex Target Traders See: We tried to Trend … We are currently @ 124.12 and possibly still ranging. If we turn to the downside we are looking back to the 122.00. IF we break 124.50 look for an upside target of the 1.618 Fib Extension @ 125.87. The average daily true range (ATR) for the pair currently is 96 pips.

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$GBPUSD

What ProAct Forex Target Traders See: We are currently sitting @ 1.5603 in a sideways move to continue a third wave. This is totally the opposite of what it should be doing since dollar index is also rising. If this does continue look to the 1.5800 area. A break to the downside target the Double bottom at 1.5331-( this would then make the current pattern an abc correction) The average daily true range (ATR) for the pair currently is 120 pips.

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

What ProAct Forex Target Traders See: Aussie is @ 0.7374 is a descending wedge which is bearish.. We expect this to be a 5^th wave correction and then a 5^th wave to the S6 @ 0.7128. The average daily true range (ATR) for the pair currently is 91 pips.