Target Trading in the Forex week of May 14th, 2017 EU,UJ,GU,AU

$EURUSD

What ProAct Forex Target Traders See: We are currently sitting @ 1.0930 in a POSSIBLE Trend up???? . We are looking for a move to the day chart top @ 1.1138. The average daily true range (ATR) for the pair currently is 80 pips.

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$USDJPY

What ProAct Forex Target Traders See: We are currently sitting @ 111.30 in a large range. We are looking to continue DOWN to the 0.382 Fibo @ 112.02 and then the 0.618 Fibo @ 110.53. The average daily true range (ATR) for the pair currently is 86 pips.

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$GBPUSD

What ProAct Forex Target Traders See: Cable is currently @ 1.2882 in a possible reversal and new down trend. We are looking for a continuation to the 0.618 Fibo @ 1.2609 and then correct. The average daily true range (ATR) for the pair currently is 72 pips.

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

What ProAct Forex Target Traders See: We are currently sitting @ 0.7393 in a nice trend. We are looking for a continuation to the Flag target @ 0.7262 and then the day chart bottom @ 0.7144. The average daily true range (ATR) for the pair currently is 60 pips.

Posted to Introduction to Forex Tar... on May 12, 2017 — 10:05 PM

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