$EURUSD
What ProAct Forex Target Traders See: We are currently sitting @ 1.0980 – 2 pips from last week and waiting for the continuation of a 5th wave. Look to the strong support @ 1.0758 as an interim target in route to 1.0684. The average daily true range (ATR) for the pair currently is 86 pips.
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$USDJPY
What ProAct Forex Target Traders See: We are currently @ 123.94 and still ranging. If we turn to the downside we are looking back to the 122.00. IF we break 124.50 look for an upside target of the 1.270 Fib Extension @ 125.56. The average daily true range (ATR) for the pair currently is 51 pips.
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$GBPUSD
What ProAct Forex Target Traders See: We are currently sitting @ 1.5627 back in a sideways move but looking to continue a third wave. We are looking to break to the downside target the Double bottom at 1.5436 and then 1.5304). The average daily true range (ATR) for the pair currently is 91 pips.
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$AUDUSD – A great smooth currency for Newbie’s!
What ProAct Forex Target Traders See: Aussie is @ 0.7310 back in the pennant which is bearish. We expect this to be a 5th wave to the S6 @ 0.7128. The average daily true range (ATR) for the pair currently is 73 pips.
What ProAct Forex Target Traders See: We are currently sitting @ 1.0980 – 2 pips from last week and waiting for the continuation of a 5th wave. Look to the strong support @ 1.0758 as an interim target in route to 1.0684. The average daily true range (ATR) for the pair currently is 86 pips.
————————————————————————--
$USDJPY
What ProAct Forex Target Traders See: We are currently @ 123.94 and still ranging. If we turn to the downside we are looking back to the 122.00. IF we break 124.50 look for an upside target of the 1.270 Fib Extension @ 125.56. The average daily true range (ATR) for the pair currently is 51 pips.
——————————————————————————–
$GBPUSD
What ProAct Forex Target Traders See: We are currently sitting @ 1.5627 back in a sideways move but looking to continue a third wave. We are looking to break to the downside target the Double bottom at 1.5436 and then 1.5304). The average daily true range (ATR) for the pair currently is 91 pips.
——————————————————————————–
$AUDUSD – A great smooth currency for Newbie’s!
What ProAct Forex Target Traders See: Aussie is @ 0.7310 back in the pennant which is bearish. We expect this to be a 5th wave to the S6 @ 0.7128. The average daily true range (ATR) for the pair currently is 73 pips.
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