Scott Barkley
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Scott Barkley in Proact Traders,

Target Trading in the Forex upcoming week of March 15, 2015

$EURUSD 

What ProAct Forex Target Traders See:  We are currently sitting @ 1.0496.  Although the overall picture still suggests more downward movement, we should see a correction first.  We are looking for a move to 1.0650 and then continued move southward toward the 2.618/S9 Fibo @ 1.0015. The average daily true range (ATR) for the pair currently is 128 pips.

 

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