Look for ATR’s to rise

$EURUSD

What ProAct Forex Target Traders See: We are currently sitting @ 1.0871. We are ranging and looking for a continuation to the 0.786 Fibo @ 1.0643 with an overall target to the range bottom @ 1.0500. The average daily true range (ATR) for the pair currently is 76 pips.

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$USDJPY

What ProAct Forex Target Traders See: We are currently @ 120.21 in a sideways move. We are looking for a bounce to the 0.500 Fibo @ 121.83. On a breakout look to the 1.270 Fibo @ 119.15. The average daily true range (ATR) for the pair currently is 69 pips.

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$GBPUSD

What ProAct Forex Target Traders See: Sterling is currently @ 1.4739. We are looking for a continuation to the 2.270 Fibo @ 1.4623 with a continuation to the Trend bottom around 1.4493. The average daily true range (ATR) for the pair currently is 87 pips.

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

What ProAct Forex Target Traders See: Aussie is @ 0.7294 in a large range. We are looking for a continuation to the initial support @ 0.7164 and then the 0.7013. The average daily true range (ATR) for the pair currently is 60 pips.