Note: USDX is potentially bullish but in a tight range.Watch the reaction @ the 97.785 area.Be aware that this could change in a heartbeat and will affect the currencies below. ATR’s have dropped slightly.

$EURUSD

What ProAct Traders See: Bearish: A couple of different scenarios:1:Bullish: a bounce here look for a move back to the channel top @ 113.40 and a possible breakout there to the 0.382 Fibo.It could also react to the downside there. 2: Bearish:A continuation here would most likely go to the range bottom @ 1.1215. Watch the USDX for direction. The ATR for the the pair currently is 78 pips.

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$USDJPY

What ProAct Traders See: Bearish: We are currently sitting @ 113.39 in a range. We are looking for a continuation below the 113.26 to the range bottom@ 112.24.We have convergence for the down move.Watch the USDX for direction. The average daily true range (ATR) for the pair currently is 61 pips.

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$GBPUSD

What ProAct Traders See:Bearish: We are currently sitting @ 1.2582 in a trend and are looking for a continuation to the 1.2294 area.Watch for a possible continuation to the trend wall first around 1.2690 before resumption of a 5^th wave. Brexit still affecting this pair. Watch the USDX for direction. The average daily true range (ATR) for the pair is 126 pips.

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$AUDUSD – A great smooth currency for Newbie’s!

What ProAct Traders See:Bearish:We are currently sitting @ 0.7179 in a range. We are looking for a continuation to the square up @ 0.7104 bounce and then continue to the range bottom @ 0.7020. Watch the USDX for direction. The average daily true range (ATR) for the pair currently is 63 pips.