$EURUSD

What ProAct Forex Target Traders See: We are currently sitting @ 1.1222 in a range. As long as USDX is correcting we are looking for a continuation move down to the 0.500 Fibo@ 1.1104 and then more continuation to the 0.786 Fibo @ 1.0943. The average daily true range (ATR) for the pair currently is 84 pips.

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$USDJPY

What ProAct Forex Target Traders See: We are currently @ 111.62. A couple of different scenarios: 1: Bullish: a move to the 1.618 Fibo @ 114.39 area and 2: Bearish: A break down (indicates this was a 4^th wave) to the S8 @ 105.82. The average daily true range (ATR) for the pair currently is 102 pips.

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$GBPUSD

What ProAct Forex Target Traders See: Cable is currently @ 1.4126 and in a large range. A couple of different scenarios: 1: Bullish: a move to the Day chart top @ 1.4654 area and 2: Bearish: A break down to the 0.618 Fibo support @ 1.4098. 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 @ 0.7713 and is in a breakout of the short trend. We are looking for a continuation move down to the square up @ 0.7675 and then possible more continuation to the bottom @ 0.7500. The average daily true range (ATR) for the pair currently is 96 pips.