USDX: Bearish: We are anticipating the continuation of dollar weakness but we are very close to the bottom. Watch for the bounce. We have convergence on the 60 min chart (see inset) which is bearish. Be aware that this could change in a heartbeat and will affect the currencies below. ATR’s are much LOWER than last week. BE SMART - TRADE WITH STOPS!!!!$EURUSDWhat ProAct Traders See: Bullish: We are currently @ 1.1176 in a channel. We are looking to continue to the range top @ 1.1270. Look for a reaction there up to the 1.618 Fibo @ 1.1398 or down to the 0.214 Fibo @ 1.1131. Watch the USDX for direction. The ATR for the pair currently is only 46 pips.…………………………………………………$USDJPYWhat ProAct Traders See: Waiting: We are currently @ 109.43. A continuation above the range top would most likely continue to the 1.618 Fibo @ 110.63. The USDX has gone down but the pair has not followed. If it finally turns look to the range bottom. Watch the USDX for direction. The average daily true range (ATR) for the pair currently is 37 pips.………………………………………………..$GBPUSDWhat ProAct Traders See: Waiting: We are currently @ 1.3076. A continuation of the channel here would target the 1.618 Fibo @ 1.2764. A Break up, look to continue to the 0.500 Fibo @ 1.3284. Watch the USDX for direction and Brexit news. The average daily true range (ATR) for the pair is 127 pips.…………………………………………………$AUDUSDWhat ProAct Traders See: Bullish: We are currently sitting @ 0.6979 outside a tight range. We are looking for a move to the 1.618 Fibo @ 0.7091 area. Watch the USDX for direction. The average daily true range (ATR) for the pair currently is 40 pips.Graphics - click to open hit ESC to come back