$EURUSD

What ProAct Forex Target Traders See: We are currently sitting @ 1.1233 in a wedge and a range. A couple of different scenarios: 1: Bullish: a move to the Top @ 1.1470 area and 2: Bearish: A break down to the double bottom support @ 1.9960. The average daily true range (ATR) for the pair currently is ONLY 60 pips.

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$USDJPY

What ProAct Forex Target Traders See: We are currently sitting @ 101.41 in a range. We are looking for a move initially to the 0.500 Fibo @ 103.54 with a target overall this week at the 0.618 Fibo 104.49. The average daily true range (ATR) for the pair currently is 95 pips.

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$GBPUSD

What ProAct Forex Target Traders See: Cable is currently @ 1.2962 and in a large range. We are looking for a bounce @ 1.2868 with a target overall this week back at 1.3089. The average daily true range (ATR) for the pair currently is 113 pips.

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

What ProAct Forex Target Traders See: Aussie is @ 0.7655 and in a triangle in a range. We are looking for a move initially to the 0.500 Fibo @ 0.7592 with a target overall this week near 0.7530. The average daily true range (ATR) for the pair currently is 67 pips.