Note: USDX: Waiting: We are in the top of a range and MACD has convergence for a MOVE DOWN. We are also at a significant bounce point and could just bounce up and stay in the current range. 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 overall are slightly higher then last week and will change again on Sunday – use as a reference. BE SMART - TRADE WITH STOPS!!!!$EURUSDWhat ProAct Traders See: Bearish to bullish: We are currently @ 1.1632 in the channel. We have the start of convergence for the upside move on MACD but is it is not yet convincing. A continuation here would most likely take out the S5 support @ 1.1523 and then a bounce. Watch the USDX for direction. The ATR for the pair currently is 78 pips. ¬¬¬…………………………………………………$USDJPY What ProAct Traders See: Waiting: We are currently @ 105.59 in a range and in a possible rising wedge bot the sell. A couple of different scenarios: 1: Bullish: a move up above the RW look for a move up to the R4 @ 106.33. 2: Bearish: A rising wedge break down here would most likely target the range bottom @ 104.00 area. Watch the USDX for direction. The average daily true range (ATR) for the pair currently is 53 pips. ……………………………………………….. $GBPUSDWhat ProAct Traders See: Bullish: We are currently @ 1.2746 in a range. The MADC show divergence for the move up. A break of the former channel top here would most likely take out the 0.214 Fibo @ 1.3036 possible all the way to 1.3500. Watch the USDX for direction. The average daily true range (ATR) for the pair is 142 pips.…………………………………………………$AUDUSD What ProAct Traders See: Waiting: We are currently sitting @ 0.7029 in a range. A couple of different scenarios: 1: Bullish: The 60 min MACD shows divergence to the upside. We are at a significant support and if it bounces look to return to the support @ 0.7258 area. Bearish: A continuation here would most likely take out the S6 @ 0.6800. Watch the USDX for direction. The average daily true range (ATR) for the pair currently is 73 pips. Chart Graphics - click to open hit ESC to come back