$EURUSD

What ProAct Forex Target Traders See: We are currently sitting @ 1.1012 after breaking out of the sideways move. We are looking for a corrective move first and then a move to the S6 and Fibo’s @ 1.0886 this week. The average daily true range (ATR) for the pair currently is 89 pips.

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$USDJPY

What ProAct Forex Target Traders See: We are currently @ 121.43 and still ranging and a bounce off the bottom. We are looking for a continuation to the top of the range @ 121.80 with a return to the 0500 Fibo @ 120.74. A break higher would target the 123.32 area. The average daily true range (ATR) for the pair currently is 64 pips.

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$GBPUSD

What ProAct Forex Target Traders See: Sterling has finished a 4^th wave and we are looking for the continuation to the downside. WE are looking to the 1.5140-60, then 1.5028 area. The average daily true range (ATR) for the pair currently is 94 pips.

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

What ProAct Forex Target Traders See: Aussie is @ 0.7217 and in a sideways range. Look for that to the range bottom initially @ 0.7171 and watch for a bounce indicating the rand continuing. If it breaks down the target now is down to 0.7018-060 but in a bigger range. The average daily true range (ATR) for the pair currently is 78 pips.