Note: USDX is in a range.We are waiting. MACD is inconclusive at this time – just a little early but they have the start of a channel to the downside. Watch the reaction @ the 97.020 area for either a continuance or reversal as that is equilibrium.I will show both possibilities below. Be aware that this could change in a heartbeat and will affect the currencies below. ATR’s are all lower from last week.

$EURUSD

What ProAct Traders See: Waiting: We are currently @ 1.1316 At the Day chart slope resistance. A couple of different scenarios:1:Bullish: a break above 1.1316 look for a move back to the range top @ 1.1450. 2: Bearish:a break below 1.1274 and out of the Symmetrical triangle would most likely target the @ 1.1184 range bottom. We could get a break down of the range to the 1.270 Fibo 2 1.1113.Watch the USDX for direction. The ATR for the the pair currently is 45 pips.

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$USDJPY

What ProAct Traders See: We are currently @ 112.03. Waiting:A couple of different scenarios:1:Bullish: a break above 112.09 look for a move back to the 1.618 fibo @ 113.12. 2: Bearish:A reversal here here would most likely target the 0.500 fibo @ 110.76 ( also equilibrium) and then possibly the range bottom.

Watch the USDX for direction. The average daily true range (ATR) for the pair currently is 51 pips.

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$GBPUSD

What ProAct Traders See:We are currently @ 1.3071.Bearish to bullish: A couple of different scenarios:1: Bearish:We are looking for possibly one more move to the range bottom @ 1.2979 IF we break the symmetrical triangle down ( also a continuation here would target the 1.270 Fibo @ 1.2884 2: Bullish: a move out of the triangle and above 1.3133 look for a move back ...

Bearish:Currently we are @1.3072 in a range and USDX moving up. We are looking for a breakout here and continuation to the ATR target of @ 1.2973. The average daily true range (ATR) for the pair currently is 114 ...

Bullish:Currently we are @1.1279 in a range and a channel. We are looking for a continuation to the ATR target of @ 1.1316. The average daily true range (ATR) for the pair currently is 58 pips.

Bearish:Currently we are @79.21. After this pullback, we are looking for a continuation to the ATR target of @ 78.74. The average daily true range (ATR) for the pair currently is 70 pips.

Bearish:Currently we are @1.8500 and in a flag pattern (same as yesterday).If we can break back into the channel, we are looking for a continuation to the 0.500 Fibo and ATR target of @ 1.18364. The average daily true ...

Bearish:Currently we are @1.8500 and in a flag pattern.If we can break back into the channel, we are looking for a continuation to the 0.500 Fibo and ATR target of @ 1.18364. The average daily true range (ATR) for ...

Bearish: Currently we are @75.30 in a range. We are looking for a continuation to the range bottom @ 74.75 and maybe the 0.786 Fibo @ 74.46 area. The average daily true range (ATR) for the pair currently is 65 ...

Bearish:Currently we are @0.8571 in a range.We are looking for a continuation to the day chart bottom @ 0.8520.Overall the target is the 0.8484 area. The average daily true range (ATR) for the pair currently is 101 pips.

Note: USDX is in a range.We are waiting. We have divergence for the reversal and at a significant top. Watch the reaction @ the 98.28 area for either a continuance or reversal.Be aware that this could change in a heartbeat ...

Waiting: Currently we are @1.3123 in a range and at the bottom of a channel. We are looking for a break down and a continuation to the 0.786 Fibo @ 1.3051. Overall the target is the double bottom @ 1.2960. ...

Bullish:Currently we are @146.11 in a range.We are looking for a continuation through the Slope resistance to 147.28 (ATR Target). IF we can break the resistance there, we are looking for the continuation to the range top in the ...

Bearish:Currently we are @ 0.8527 in a range and attempting a breakdown of the Day Chart support. IF we can break the support here, we are looking for the continuation to the 1.270 Fibo @ 0.8384.The average daily true ...