$EURUSD

What ProAct Forex Target Traders See: We are currently sitting @ 1.1170 in a large range. We are looking for a continuation move to the 0.786 fibo @ 1.1401 (maybe 1.1470) then reversal and an overall target of the 0.500 Fibo @ 1.0943. The average daily true range (ATR) for the pair currently is 106 pips.

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$USDJPY

What ProAct Forex Target Traders See: We are currently @ 113.12. We are ranging and looking for a move first to the strong resistance @ 114.06 and then to the range top @ 115.00 area. The average daily true range (ATR) for the pair currently is 114 pips.

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$GBPUSD

What ProAct Forex Target Traders See: Cable is currently @ 1.4140. We are looking for a continuation to the 0.786 Fibo @ 1.3980 then a pullback and resumption to the S6 @ 1.3900. The average daily true range (ATR) for the pair currently is 147 pips.

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

What ProAct Forex Target Traders See: Aussie is @ 0.7504 with a head and shoulders pattern printed. We are looking for a move to the 0.500 Fibo @ 0.7395 then a 2^nd wave bounce with the overall target at the 0.618 Fibo/S5 @ 0.7300. The average daily true range (ATR) for the pair currently is 94 pips.