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This is what I see in the Forex the week of March 24th , 2019: USDX, EU,UJ,GU,AU

Note: USDX is in a range. We are bullish. Watch the reaction @ the 98.28 area for either a continuance or reversal. Be aware that this could change in a heartbeat and will affect the currencies below. ATR’s are the same as last week.

$EURUSD

What ProAct Traders See: We are currently @ 1.1301. We are looking for a move down to the range bottom @ 1.1177 and then a bounce. Watch the USDX for direction. The ATR for the the pair currently is 60 pips.

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$USDJPY

What ProAct Traders See: We are currently @ 109.92. Waiting: We are looking for an initial sideways move and then a continuation down which would most likely target the range bottom @ 108.53. the up move needs to be above 110.34. Watch the USDX for direction. The average daily true range (ATR) for the pair currently is 56 pips.

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$GBPUSD

What ProAct Traders See: We are currently @ 1.3209 – this is the contrarian. Bullish: a move above 1.3230 would target the double top @ 1.3379. Watch the USDX for direction. The average daily true range (ATR) for the pair is 144 pips.

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

What ProAct Traders See: We are currently sitting @ 0.7080 in a tight range. Bearish: we are looking for the range bottom @ 0.7917 area. Watch the USDX for direction. The average daily true range (ATR) for the pair currently is 51 pips.

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