$EURUSD
What ProAct Forex Target Traders See: We are currently sitting @ 1.32949. We are looking for a correction to the 0.500 Fibo @ 1.3019 and then a breakdown to the support at 1.2859. The average daily true range (ATR) for the pair currently is 65 pips.
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$USDJPY
What ProAct Forex Target Traders See: We are currently @ 107.33. We are at the top of the trend so we are looking for a retracement to the 0.382 Fibo @ 106.36 and then a continuation to the top again @ 107.18 with 108.12 as the target. The average daily true range (ATR) for the pair currently is ONLY 58 pips.
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$GBPUSD
What ProAct Forex Target Traders See: Cable is currently sitting @ 1.6258. We are looking for a pullback to end near the 0.500 fibo @ 1.6348 and then another move down to the double bottom @ 1.0652 The average daily true range (ATR) for the pair currently is 95 pips.
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$AUDUSD – A great smooth currency for Newbie’s!
What ProAct Forex Target Traders See: Aussie is @ 0.9042. We continue to look lower to the 1.270 Fibo @ 0.8960 for the next move after a correction and maybe as low as the support @ 0.8895. The average daily true range (ATR) for the pair currently is 66 pips.
What ProAct Forex Target Traders See: We are currently sitting @ 1.32949. We are looking for a correction to the 0.500 Fibo @ 1.3019 and then a breakdown to the support at 1.2859. The average daily true range (ATR) for the pair currently is 65 pips.
—————————————————————————--
$USDJPY
What ProAct Forex Target Traders See: We are currently @ 107.33. We are at the top of the trend so we are looking for a retracement to the 0.382 Fibo @ 106.36 and then a continuation to the top again @ 107.18 with 108.12 as the target. The average daily true range (ATR) for the pair currently is ONLY 58 pips.
——————————————————————————–
$GBPUSD
What ProAct Forex Target Traders See: Cable is currently sitting @ 1.6258. We are looking for a pullback to end near the 0.500 fibo @ 1.6348 and then another move down to the double bottom @ 1.0652 The average daily true range (ATR) for the pair currently is 95 pips.
——————————————————————————–
$AUDUSD – A great smooth currency for Newbie’s!
What ProAct Forex Target Traders See: Aussie is @ 0.9042. We continue to look lower to the 1.270 Fibo @ 0.8960 for the next move after a correction and maybe as low as the support @ 0.8895. The average daily true range (ATR) for the pair currently is 66 pips.
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