USDX: Waiting but Bullish: We are anticipating the continuation of dollar strength. We have convergence on the 60 min chart (see inset) which is bullish but the last time we broke the zero line we immediately crashed so we are waiting. Be aware that this could change in a heartbeat and will affect the currencies below. ATR’s are slightly higher than last week. BE SMART - TRADE WITH STOPS!!!!$EURUSDWhat ProAct Traders See: Waiting: We are currently @ 1.1117 looking to break out of slope support. A couple of different scenarios: 1: Bullish: a bounce here look for a move back to the range top @ 1.1260. 2: Bearish: We are looking to continue to the 0.618 Fibo @ 1.0994. Look for a bounce there and then a possible move to the day chart bottom @ 1.0863. Watch the USDX for direction. The ATR for the pair currently is only 43 pips.…………………………………………………$USDJPYWhat ProAct Traders See: Waiting: We are currently @ 109.33 in a range. A couple of different scenarios: 1: Bullish: a bounce at the channel look for a move back to the range top @ 109.80. 2: Bearish: A continuation below the channel would most likely take out range bottom @ 108.25 and then back to the range top. Watch the USDX for direction. The average daily true range (ATR) for the pair currently is 47 pips.………………………………………………..$GBPUSDWhat ProAct Traders See: waiting: We are currently @ 1.3141. A couple of different scenarios: 1: Bullish: a bounce here look for a move to the day chart top @ 1.3715 also we are still in the election fade wo me go deeper before the bounce. 2: Bearish: A continuation through the channel here would most likely take out the square up @ 1.2940. Watch the USDX for direction and Brexit news. The average daily true range (ATR) for the pair is 84 pips.…………………………………………………$AUDUSDWhat ProAct Traders See: Bearish: We are currently sitting @ 0.6870 inside a tight range. We are looking for a move to the continuation to the range bottom @ 0.6700 area. Watch the USDX for direction. The average daily true range (ATR) for the pair currently is ONLY 38 pips.Graphics - click to open hit ESC to come back