Note: USDX is sideways and has divergence for a possible upside move which affects the major currencies.$EURUSDWhat ProAct Target Traders See: Bearish: We are currently sitting @ 1.2296 in a triangle pattern. We are looking for a continuation to the range bottom @ 1.2201 and then decision time. A bounce back to the 0.500 Fibo @ 1.2364 or down to the 1.270 Fibo @ 1.2119. The average daily true range (ATR) for the pair currently is 104 pips.————————————————————————--$USDJPYWhat ProAct Target Traders See: Bullish: We are currently @ 106.74 in a channel and showing divergence for an upside move. We are looking for a bounce to the 0.500 Fibo @ 108.02. Overall, if the USDX is moving up we could get to the top @ 110.00. The average daily true range (ATR) for the pair currently is 100 pips.——————————————————————————–$GBPUSDProAct Target Traders See: Bearish: Cable is currently sitting @ 1.3970 in a large triangle. We are looking for a continuation with a target down to the Day chart channel @ 1.3798 (watch for a bounce there). A bounce keeps it in the triangle which will make it hard to trade but a breakout look to the overall target @ 1.3480. The average daily true range (ATR) for the pair is 145 pips.——————————————————————————–$AUDUSD – A great smooth currency for Newbie’s!What ProAct Forex Traders See: Bearish: Aussie is @ 0.7820 in a channel in a range. We expect a continuation to the 0.786 Fibo@ 0.7637 area and then a move to the bottom @ 0.7495. The average daily true range (ATR) for the pair currently is 78 pips.