$EURUSD
What ProAct Forex Target Traders See: We are currently sitting @ 1.0983 in a new uptrend. We are looking initially for the R4 Resistance @ 1.1060 and we should see a continuation there to 1.1205 before the pullback. The average daily true range (ATR) for the pair currently is 127 pips.
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$USDJPY
What ProAct Forex Target Traders See: We are currently @ 124.11 in a wedge at the top of the trend. Looking now to correct back to 121.79 but we may have pone move push to the R6 @ 124.99. The average daily true range (ATR) for the pair currently is 84 pips.
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$GBPUSD
What ProAct Forex Target Traders See: Cable is currently sitting @ 1.5286 at the crossroads. Continue the wave down to the support @ 1.4975 or correct from here back to 1.5500. The average daily true range (ATR) for the pair currently is 160 pips.
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$AUDUSD – A great smooth currency for Newbie’s!
What ProAct Forex Target Traders See: Aussie is @ 0.7646 working a nice channel in a large sideways move. We are looking to finish at the 0.7528 and the bounce back to the @ 0.7859. The average daily true range (ATR) for the pair currently is 109 pips.
What ProAct Forex Target Traders See: We are currently sitting @ 1.0983 in a new uptrend. We are looking initially for the R4 Resistance @ 1.1060 and we should see a continuation there to 1.1205 before the pullback. The average daily true range (ATR) for the pair currently is 127 pips.
————————————————————————--
$USDJPY
What ProAct Forex Target Traders See: We are currently @ 124.11 in a wedge at the top of the trend. Looking now to correct back to 121.79 but we may have pone move push to the R6 @ 124.99. The average daily true range (ATR) for the pair currently is 84 pips.
——————————————————————————–
$GBPUSD
What ProAct Forex Target Traders See: Cable is currently sitting @ 1.5286 at the crossroads. Continue the wave down to the support @ 1.4975 or correct from here back to 1.5500. The average daily true range (ATR) for the pair currently is 160 pips.
——————————————————————————–
$AUDUSD – A great smooth currency for Newbie’s!
What ProAct Forex Target Traders See: Aussie is @ 0.7646 working a nice channel in a large sideways move. We are looking to finish at the 0.7528 and the bounce back to the @ 0.7859. The average daily true range (ATR) for the pair currently is 109 pips.
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