Note: USDX is Bearish.We have divergence so looking for the break to the downside.We are looking for a move to the Range bottom @ 93.669 and a bounce there. Be aware that that could change in a heartbeat and will affect the currencies below. ATR’s have stayed the same.

$EURUSD

What ProAct Traders See: Bullish: We are currently sitting @ 1.1682 in a range and in a nice channel. We are looking to move to the top of the range this week @1.1850.The ATR for the the pair currently is 82 pips.

­­­…………………………………………………

$USDJPY

What ProAct Traders See: Bearish: We are currently sitting @ 112.34 in a range. We are looking to break this slope support and continue the move to the square up @ 110.00 (but not in a straight line) and then a bounce.The average daily true range (ATR) for the pair currently is 65 pips.

………………………………………………..

$GBPUSD

What ProAct Traders See:Bullish: We are currently sitting @ 1.3233 in a range. We are looking for a continuation to the double top @ 1.3364 and then to the top of the range @ 1.3473. The average daily true range (ATR) for the pair is 98 pips.

…………………………………………………

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

What ProAct Traders See:Bullish: We are currently sitting @ 0.7418 in a range. On the break of slope resistance we are looking for a continuation to the square up @ 0.7532 and then MAYBE to the 0.786 Fibo @ 0.7599.The average daily true range (ATR) for the pair currently is 64 pips.