What ProAct Forex Target Traders See: We are currently sitting @ 1.1008 in a new down trend. We are looking initially for the S6 Support @ 1.10856 and we should see a continuation there to 1.0665 before the pullback. The average daily true range (ATR) for the pair currently is 144 pips.
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$USDJPY
What ProAct Forex Target Traders See: We are currently @ 121.54 out of the range. Looking now to finish the 3rd wave move the R5 @ 11122.66. The average daily true range (ATR) for the pair currently is 74 pips.
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$GBPUSD
What ProAct Forex Target Traders See: Cable is currently sitting @ 1.5476. We are looking to finish the 3rd wave to the S5 @ 1.5325 and then a correction. The average daily true range (ATR) for the pair currently is 160 pips.
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$AUDUSD – A great smooth currency for Newbie’s!
What ProAct Forex Target Traders See: Aussie is @ 0.7818. We are waiting for a bounce to create the 2nd wave and the new trend top for a move down to the 0.786 Fibo @ 0.7685. The average daily true range (ATR) for the pair currently is 109 pips.
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