What I see in the ForexNote: USDX has finished a 3rd wave up. We are initially bearish. MACD is showing a 4th wave continuation at this time. We are looking for a bounce after the 4th wave to start a 5th wave up. Be aware that this could change in a heartbeat and will affect the currencies below. ATR’s are all higher from last week.$EURUSDWhat ProAct Traders See: Bullish to bearish: We are currently @ 1.1143. With USDX in a correction we should see a short corrective move on the pair and then resumption to the 1.618 Fibo @ 1.1021. Watch the USDX for direction. The ATR for the the pair currently is 63 pips.…………………………………………………$USDJPYWhat ProAct Traders See: We are currently @ 111.56. Bullish: WE should see a bounce at the Day chart trend line for a continuation to the 5th wave conclusion @ 114.00. Watch the USDX for direction. The average daily true range (ATR) for the pair currently is 63 pips.………………………………………………..$GBPUSDWhat ProAct Traders See: We are currently @ 1.2917. Bullish to Bearish: We are looking for the finish of the 4th wave corrective wave for a continuation to the 1.2612. Watch the USDX for direction. The average daily true range (ATR) for the pair is 109 pips.…………………………………………………$AUDUSD – A great smooth currency for Newbie’s!What ProAct Traders See: We are currently sitting @ 0.7039 in a tight range. A couple of different scenarios: 1: Bullish: a move above 0.7126 look for a move to the larger range top @ 0.7200. 2: Bearish: After the pullback and below 0.7079 would most likely target the range bottom @ 0.7000. Consolidation is likely I the 0.382-0.618 Fibo area. Watch the USDX for direction. The average daily true range (ATR) for the pair currently is 59 pips.……………………………………………….