Note: Currently USDX is bearish – affects the direction below

$EURUSD

What ProAct Forex Target Traders See: We are currently sitting @ 1.1926. We are looking to continue up in a 5^th wave to the R5 @ 1.2039. The average daily true range (ATR) for the pair currently is 80 pips.

————————————————————————--

$USDJPY

What ProAct Forex Target Traders See: We are currently sitting @ 109.28 almost equal to last week’s start. We are looking to break the significant support and continue initially to the 1.618 Fibo @ 107.15 and then to the 0.786 Fibo @ 105.13. The average daily true range (ATR) for the pair currently is 78 pips.

——————————————————————————–

$GBPUSD

What ProAct Forex Target Traders See: We are currently sitting @ 1.2877 EXACTLY where we were last week at the start. We are in a range. We are looking to continue initially to the 0.618 Fibo @ 1.2962. Overall, we are aiming for the square up @ 1.3134. The average daily true range (ATR) for the pair currently is ONLY 69 pips.

——————————————————————————–

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

What ProAct Forex Target Traders See: We are currently sitting @ 0.7940 after completing a 4^thwave. We are looking initially for a move to the R4 @ 0.8050 with an overall target of 0.8120. The average daily true range (ATR) for the pair currently is 58 pips.