Note: USDX is just oscillating up and down which creates no commitment in the majors. Watch for a definitive answer next week on USDX.

$EURUSD

What ProAct Forex Target Traders See: We are currently sitting @ 1.1279 in a small range. The range has an upward bias do to the higher lows. A couple of different scenarios: 1: Bullish: a move to the range top @ 1.1470 area and 2: Bearish: A break down to the 0.618 Fibo @ 1.1072. The average daily true range (ATR) for the pair currently is 93 pips.

————————————————————————--

$USDJPY

What ProAct Forex Target Traders See: We are currently @ 104.23 and outside the range due to BOJ monetary report. We are looking initially for a continuation to the Day chart support @ 102.77 and a possible continuation to the S7 @ 101.41. there is a possibility that the 3^rd wave may be printed which would negate the move down temporarily. The average daily true range (ATR) for the pair currently is 121 pips.

——————————————————————————–

$GBPUSD

What ProAct Forex Target Traders See: Cable is currently @ 1.4363 and in a large range. We are now looking for a continuation to the Range top @ 1.4740. Brexit could create a down move if so, look to the range bottom @ 1.4013. The average daily true range (ATR) for the pair currently is 167 pips.

——————————————————————————–

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

What ProAct Forex Target Traders See: Aussie is @ 0.7397 and still in a range. We are looking for a break of the bull flag and then an initial move to the 0.318 Fibo @ 0.7507 and a continuation to the 0.214 Fibo @ 0.7652. The average daily true range (ATR) for the pair currently is 84 pips.