$EURUSD
What ProAct Forex Target Traders See: We are currently sitting @ 1.3609 and view this as a corrective wave. We are looking for breakdown to the support at 1.3500. The average daily true range (ATR) for the pair currently is 38 pips.
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$USDJPY
What ProAct Forex Target Traders See: We are currently @ 101.32. We are still in a range and a descending wedge so we are looking for a continuation to the S4 @ 100.50 as the target. The average daily true range (ATR) for the pair currently is ONLY 31 pips.
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$GBPUSD
What ProAct Forex Target Traders See: Cable is currently sitting @ 1.7121. We continue to show signs of even higher highs and currently the bull flag confirms another run to the top. Look for the next target @ 1.7300 and a breakdown would target the 1.7044. The average daily true range (ATR) for the pair currently is 53 pips.
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$AUDUSD – A great smooth currency for Newbie’s!
What ProAct Forex Target Traders See: Aussie is @ 0.9391 and in an a-b-c and bear flag. We continue to look lower to the S4 @ 0.9266 for the next move. The average daily true range (ATR) for the pair currently is 48 pips.
What ProAct Forex Target Traders See: We are currently sitting @ 1.3609 and view this as a corrective wave. We are looking for breakdown to the support at 1.3500. The average daily true range (ATR) for the pair currently is 38 pips.
—————————————————————————--
$USDJPY
What ProAct Forex Target Traders See: We are currently @ 101.32. We are still in a range and a descending wedge so we are looking for a continuation to the S4 @ 100.50 as the target. The average daily true range (ATR) for the pair currently is ONLY 31 pips.
——————————————————————————–
$GBPUSD
What ProAct Forex Target Traders See: Cable is currently sitting @ 1.7121. We continue to show signs of even higher highs and currently the bull flag confirms another run to the top. Look for the next target @ 1.7300 and a breakdown would target the 1.7044. The average daily true range (ATR) for the pair currently is 53 pips.
——————————————————————————–
$AUDUSD – A great smooth currency for Newbie’s!
What ProAct Forex Target Traders See: Aussie is @ 0.9391 and in an a-b-c and bear flag. We continue to look lower to the S4 @ 0.9266 for the next move. The average daily true range (ATR) for the pair currently is 48 pips.
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