Note: USDX: Waiting: We are in a possible a-b-c- correction to start a 5th wave down. 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 lower than last week. BE SMART - TRADE WITH STOPS!!!!$EURUSDWhat ProAct Traders See: Bullish for now: We are currently @ 1.1761 at the bottom of a Range after a 5 wave move down. We are looking for a continuation up to 1.2000. Watch for either a 4th wave down or a reversal. Watch the USDX for reversal and direction. The ATR for the pair currently is 66 pips.¬¬¬…………………………………………………$USDJPY What ProAct Traders See: Bullish to Bearish: We are currently @ 110.70 in a 5th wave near the Day chart top @ 112.23-46. We are looking for either a continuation here to the R7 Resistance @ 112.46. Watch the USDX for direction. The average daily true range (ATR) for the pair currently is 54 pips. ………………………………………………..$GBPUSDWhat ProAct Traders See: Bearish: We are currently @ 1.3833 at the top of the trend. A Break down here would most likely take out the @ 1.3479. Watch the USDX for direction. The average daily true range (ATR) for the pair is 95 pips.…………………………………………………$AUDUSD What ProAct Traders See: Bearish: We are currently sitting @ 0.7610 at the bottom of the range. We have a flag pattern in play which is bearish and that breakout would target the S6 @ 0.7400 area. Watch the USDX for direction. The average daily true range (ATR) for the pair currently is 71 pips. Chart Graphics - click to open hit ESC to come back