Scott Barkley
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Scott Barkley in Proact Traders,

Target Trading in the Forex upcoming week of August 24th, 2014

$EURUSD

What ProAct Forex Target Traders See:  We are currently sitting @ 1.3243.  The pair is close to our target of 1.3194.  We are looking for a short correction up to get to the target and then start a 4th wave  up before the resumption to the downside.  The average daily true range (ATR) for the pair currently is 51 pips.

 

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