Note: USDX: Bearish: We are breaking a sideways move in a 5th wave down. We for the next target @ 90.913 area. 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 slightly higher than last week. BE SMART - TRADE WITH STOPS!!!!$EURUSDWhat ProAct Traders See: Bullish: We are currently @ 1.2096 in a channel. We are looking for a continuation up to the Day chart top (and Range top) @1.2081-1.2100 area. Watch there for a reversal. Watch the USDX for reversal and direction. The ATR for the pair currently is 62 pips.¬¬¬…………………………………………………$USDJPY What ProAct Traders See: Bearish: We are currently @ 107.90 in a 3rd wave in a Trend. We are looking for a continuation to the 0.786 Fibo @ 106.30. watch for the bounce there. Watch the USDX for direction. The average daily true range (ATR) for the pair currently is 59 pips. ………………………………………………..$GBPUSDWhat ProAct Traders See: Bearish: We are currently @ 1.3879 in a range. Although the USDX is bearish GBP pairs are following it down. That could change in a heartbeat. We are looking for a continuation to range bottom @ 1.4000. Watch the USDX for direction. The average daily true range (ATR) for the pair is 97 pips.…………………………………………………$AUDUSD What ProAct Traders See: Bullish: We are currently sitting @ 0.7755 in a channel in a range. We are looking for a continuation to the R5/0.786 Fibo @ 0.7913 area. The upper target is 0.8008. Watch the USDX for direction. The average daily true range (ATR) for the pair currently is 69 pips. Chart Graphics - click to open hit ESC to come back