Note: USDX: Waiting probably Bearish: The USD pairs should prove it out when the market opens. First Day target was hit @ 90.198. The next target is 89.716. All of this could change in a heartbeat and will affect the currencies below. ATR’s are about the same as last week. BE SMART - TRADE WITH STOPS!!!!$EURUSDWhat ProAct Traders See: Waiting: We are currently @ 1.2181 in a channel near the top of the range. A couple of different scenarios: 1: Bullish: a bounce here look for a move to the Day chart top @ 1.23502: Bearish: A break down here here would most likely target the 0.500 Fibo @ 1.2027. Watch the USDX for reversal and direction. The ATR for the pair currently is 70 pips.¬¬¬…………………………………………………$USDJPY What ProAct Traders See: Bearish: We are currently @ 108.89 in a channel in a range. We are looking for a continuation to the S5/0.618 Fibo @ 110.25. Watch for a bounce there. Watch the USDX for direction. The average daily true range (ATR) for the pair currently is 61 pips. ………………………………………………..$GBPUSDWhat ProAct Traders See: Bearish: We are currently @ 1.4151 after finishing a 5th wave to the day chart top @ 1.4242. We are looking for a move DOWN to the to the former R5 @ 1.3955. if we continue up look to the R6 @ 1.4421. Watch the USDX for direction. The average daily true range (ATR) for the pair is 93 pips.…………………………………………………$AUDUSD What ProAct Traders See: Ranging: We are currently sitting @ 0.7737 in a tight range is inside a bigger range. A couple of different scenarios: 1: Bullish: a bounce here look for a move back to the range top @ 0.8008 2: Bearish: A breakdown here would target the Range Bottom @ 0.7500 . Watch the USDX for direction. The average daily true range (ATR) for the pair currently is 72 pips. Chart Graphics - click to open hit ESC to come back