Note: USDX: Waiting: We are is a triangle is a range that favors the down move on the 240 minute but the up move on the 60 minute. We have convergence for the up move on the 60 minute with a flag continuation pattern in play. A break down targets the 1.618 Fibo @ 90.813. A bounce targets the 92.084 area. All of this could change in a heartbeat and will affect the currencies below. ATR’s overall are up from last week and will change again on Sunday – use as a reference. BE SMART - TRADE WITH STOPS!!!!$EURUSDWhat ProAct Traders See: Bearish: We are currently @ 1.2118 in a box in a range. A break down here would most likely take out the 0.382 Fibo @ 1.1956. Watch the USDX for direction. The ATR for the pair currently is 78 pips per day.¬¬¬…………………………………………………$USDJPY What ProAct Traders See: Waiting: We are currently @ 104.04 in a box in a range. A couple of different scenarios: 1: Bullish: a bounce here look for a move back to the range top @ 104.80 and then 105.70. 2: Bearish: A move down here would most likely take out the range bottom @ 103.20 and then back to the range top. Watch the USDX for direction. The average daily true range (ATR) for the pair currently is 49 pips. ……………………………………………….. $GBPUSDWhat ProAct Traders See: Bearish: We are currently @ 1.3227 in a possible 3rd wave. We are looking for a continuation to the S6 @ 1.2930 and then the 4th wave bounce @ 1.3163 area. Watch the USDX for direction. The average daily true range (ATR) for the pair is 124 pips.…………………………………………………$AUDUSD What ProAct Traders See: Bullish to Bearishh: We are currently sitting @ 0.7536 in a channel and just out of the range. We are looking for a continuation to the 1.618 Fibo @ 0.7736 but we can be turning now. The reversal should target the 0.382 Fibo @ 0.7225. Watch the USDX for direction. The average daily true range (ATR) for the pair currently is 61pips. Chart Graphics - click to open hit ESC to come back