Note: USDX is bullish and quite possibly trending? We are looking for a pullback and possible 4th wave before the continuation to the upside and then a move to the 0.618 Fibo @ 94.736 and a bounce there. Be aware that that could change in a heartbeat and will affect the currencies below. ATR’s have DECREASED but if we are starting to trend, could increase back to normal.$EURUSDWhat ProAct Traders See: Bearish: We are currently sitting @ 1.1402 in a possible 3rd wave in a trend. A couple of different scenarios: 1: a bounce here look for a move back to the S3 @ 1.1485 and then a continuation. 2: A break down here would set up a nice long 3 wave to 1.1250 and then the pullback. Watch the USDX for direction. The ATR for the the pair currently is 66 pips.…………………………………………………$USDJPYWhat ProAct Traders See: Bearish: We are currently sitting @ 110.82 in a range and a channel. A couple of different scenarios: 1: Bullish: a bounce here look for a move back to the range top @ 113.00. 2: Bearish: A continuation here would most likely take out the square up @ 110.00 and then back to the range top. Watch the USDX for direction. The average daily true range (ATR) for the pair currently is 61 pips.………………………………………………..$GBPUSDWhat ProAct Traders See: Bearish: We are currently sitting @ 1.2767 at the bottom of a 3rd wave. We are looking for a 4th wave pullback to 1.2900 and then a 5th wave continuation to the Day chart bottom @ 1.2594. The average daily true range (ATR) for the pair is 80 pips.…………………………………………………$AUDUSD – A great smooth currency for Newbie’s!What ProAct Traders See: Up and down: We are currently sitting @ 0.7296 in a range. We A couple of different scenarios: 1: Bullish: a bounce here look for a move back to the range top @ 0.7526. 2: Bearish: A continuation here would most likely take out the day chart bottom @ 0.7152 and then back to the range top. Watch the USDX for direction. The average daily true range (ATR) for the pair currently is 57 pips.