$EURUSD

What ProAct Forex Target Traders See: We are currently sitting @ 1.0978 and waiting for the finish of a 4^th wave. Look to the strong support @ 1.0683 as an interim target in route to 1.0448. The average daily true range (ATR) for the pair currently is 119 pips.

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$USDJPY

What ProAct Forex Target Traders See: We are currently @ 123.80 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 1.618 Fib Extension @ 125.87. The average daily true range (ATR) for the pair currently is 86 pips.

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$GBPUSD

What ProAct Forex Target Traders See: We are currently sitting @ 1.5510 out of a sideways move to continue a third wave. We are looking to break to the downside target the Double bottom at 1.5341 and then 1.5107). The average daily true range (ATR) for the pair currently is 120 pips.

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$AUDUSD – A great smooth currency for Newbie’s!

What ProAct Forex Target Traders See: Aussie is @ 0.7287 in a channel which is bearish. We expect this to be a 5^th wave to the S6 @ 0.7128. The average daily true range (ATR) for the pair currently is 89 pips.