$EURUSD

What ProAct Forex Target Traders See: We are currently sitting @ 1.1342. Structure shows we are in a 5th wave. We are looking for a continuation to the 1.1500 area and then to the 1.1835. The average daily true range (ATR) for the pair currently is 98 pips.

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$USDJPY

What ProAct Forex Target Traders See: We are currently @ 120.57 and still ranging. A couple of different scenarios: 1: Bullish: a move to the top of the range and a bounce – look to the 121.82 and 2: Bearish: A break down to the support @ 118.64. The average daily true range (ATR) for the pair currently is 106 pips.

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$GBPUSD

What ProAct Forex Target Traders See: Sterling currently ranging with a bullish bias. We are looking for a continuation to the 1.5835 area and then maybe to the 1.6217. Watch for the break down at the top of the range. The average daily true range (ATR) for the pair currently is 92 pips.

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

What ProAct Forex Target Traders See: Aussie is @ 0.7084 and we expect 5 waves up. Target up is 0.7172- then target BACK down is 0.6907. The average daily true range (ATR) for the pair currently is 86 pips.