Note: USDX: Bullish to Bearish –We have divergence in play on MACD on the hourly. We are looking for a continuation UP to the Resistance around 93.000 and then down again. Will have to see what happens as the market opens. 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 about the same as last week. BE SMART - TRADE WITH STOPS!!!!$EURUSDWhat ProAct Traders See: Bearish: We are currently @ 1.1878 in a range after a topping out at the range top. We are looking for the reversal and continuation to the Square up @ 1.1770. We have divergence on the 60 min MACD. Watch the USDX for reversal and direction. The ATR for the pair currently is EXTREMELY LOW at 49 pips.¬¬¬…………………………………………………$USDJPY What ProAct Traders See: Bearish: We are currently @ 109.59 in a range inside a range. We are just out of a Symmetrical triangle which is bearish. A continuation down here would most likely move to the support @ 109.17. Watch the USDX for direction. The average daily true range (ATR) for the pair currently is 47 pips. ………………………………………………..$GBPUSDWhat ProAct Traders See: Waiting: We are currently @ 1.3858 in a channel. We have convergence on the MACD for the continuation of the up move. A couple of different scenarios: 1: Bullish: a bounce here look for a move back to the R5/range top @ 1.3980. 2: Bearish: A reversal here would most likely target the square up @ 1.3700 area and then back to the range top. Watch the USDX for direction. The average daily true range (ATR) for the pair is 77 pips.…………………………………………………$AUDUSD What ProAct Traders See: Waiting but with Bearish bias: We are currently sitting @ 0.7450 in a channel at the range top. A break up here would target the Square up @ 0.6750 area. With USDX reversing be open to the Correction back to the 0.500 Fibo @ 0.7292. Watch the USDX for direction. The average daily true range (ATR) for the pair currently is 66 pips. Chart Graphics - click to open hit ESC to come back