Short week: Thanksgiving is Thursday in the USA

$EURUSD

What ProAct Forex Target Traders See: We are currently sitting @ 1.0845at the bottom of the day chart trend. A couple of different scenarios: 1: Bullish: a bounce on the bottom and a move back to the 0.214 Fibo @ 1.0834 2: Bearish: A break down to the 1.618 Fibo extension @ 1.0336. The average daily true range (ATR) for the pair currently is 104 pips.

————————————————————————--

$USDJPY

What ProAct Forex Target Traders See: We are currently sitting @ 111.83 in a range. A couple of different scenarios: 1: Bullish: a bounce of the top and a move to the 1.270 Fibo extension @ 114.55 2: Bearish: A break down to the 0.382 Fibo @ 106.85. A bounce there might mean we are trending. The average daily true range (ATR) for the pair currently is 142 pips.

——————————————————————————–

$GBPUSD

What ProAct Forex Target Traders See: Cable is currently @ 1.2364 and in a large range. We are looking for a continuation to the day chart bottom @ 1.2088 and then a bounce. The average daily true range (ATR) for the pair currently is 126 pips.

——————————————————————————–

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

What ProAct Forex Target Traders See: Aussie is @ 0.7535 and attempting to trend. We are looking for a bounce back to the resistance and then a continuation to the move to the trend bottom near 0.7168. The average daily true range (ATR) for the pair currently is 83 pips.