Note: USDX: Bullish but… –We have an unsustainable move which will need to be corrected at some point. There is a day chart top @ 93.139 so watch that for the correction. Will have to see what happens as the market opens. The USD pairs should prove it out when the market opens. All of this could change in a heartbeat and will affect the currencies below. ATR’s are HIGHER than last week. BE SMART - TRADE WITH STOPS!!!!$EURUSDWhat ProAct Traders See: Bearish: We are currently @ 1.1862 in a channel to the downside. We are near the channel bottom so watch for at least a pullback before resumption of the channel. A continuation here would most likely target the day chart bottom @ 1.1684. Watch the USDX for reversal and direction. The ATR for the pair currently is 68 pips.¬¬¬…………………………………………………$USDJPY What ProAct Traders See: Bearish: We are currently @ 110.21 in a channel in a range. We are looking for a break down to the channel wall around 109.50. Watch for a reaction there. Watch the USDX for direction. The average daily true range (ATR) for the pair currently is 56 pips. ………………………………………………..$GBPUSD What ProAct Traders See: Bearish: We are currently @ 1.3795 in a channel to the downside. We are looking for a move DOWN to the to the S6 @ 1.3639. Watch the USDX for direction. The average daily true range (ATR) for the pair is 92 pips.…………………………………………………$AUDUSD What ProAct Traders See: Bearish: We are currently sitting @ 0.7478 in a channel. WE are looking for either a pullback or sideways move here at the channel wall. A continuation here would target the S6 @ 0.7516. Watch the USDX for direction. The average daily true range (ATR) for the pair currently is 64 pips. Chart Graphics - click to open hit ESC to come back