Scott Barkley
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Scott Barkley in Proact Traders,

Target Trading in the Forex upcoming week of October 12, 2014

$EURUSD

What ProAct Forex Target Traders See:  We are currently sitting @ 1.2613.  We are looking for the finish to the 2.618 Fibo @ 1.2422 after a correction near 1.2840.  Current momentum may not give a correction at all so look for that target.  The average daily true range (ATR) for the pair currently is 102 pips.

 

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