$EURUSD

What ProAct Forex Target Traders See: We are currently sitting @ 1.0738 (6 pips from a week ago). We are looking for a break of the support and then a move to the 1.270 Fibo @ 1.0532 – and a correction there. The average daily true range (ATR) for the pair currently is 87 pips.

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$USDJPY

What ProAct Forex Target Traders See: We are currently @ 122.71 and finishing a correction. We are looking for a continuation to the R5 -124.00 area with an overall target of 125.00. 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 is currently @ 1.5231 is a corrective channel. We are looking for a move to the support @ 1.5028. This may be the end so watch for a reversal. A continuation here targets the 1.4859. 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 @ 0.7130 in a large box that is big enough for it to possible trend. We are looking for then a continuation to the S4 @ 0.6994 with a possible overall target @ 0.6850. The average daily true range (ATR) for the pair currently is 61 pips.