Note: USDX: Waiting: We are in a triangle pattern and MACD has convergence for a MOVE DOWN. We could also just bounce up and stay in the current range. The USD pairs should prove it out when the market opens. All of this could change in a heartbeat and will affect the currencies below. ATR’s are roughly the same as last week and will change again on Sunday – use as a reference. BE SMART - TRADE WITH STOPS!!!!$EURUSDWhat ProAct Traders See: Bullish: We are currently @ 1.1847 in the range. We have convergence for the upside move on the 60-minute chart and the a-b-c set up the first move. We are looking for a break of the channel top and a sustained move might target the Day chart Top @ 1.2156 area. Watch the USDX for direction. The ATR for the pair currently is 86 pips. ¬¬¬…………………………………………………$USDJPY What ProAct Traders See: Waiting: We are currently @ 106.17 in a range and in a wedge. A couple of different scenarios: 1: Bullish: a wedge break up look for a move back to the range top @ 108.00. 2: Bearish: A wedge break down here would most likely take out the range bottom @ 104.00 area. Watch the USDX for direction. The average daily true range (ATR) for the pair currently is 63 pips. ……………………………………………….. $GBPUSDWhat ProAct Traders See: Bearish to bullish: We are currently @ 1.2795 in a channel. The Flag pattern suggests one more move to the downside. A continuation here would most likely take out the S6 @ 1.2684. Watch the USDX for direction. The average daily true range (ATR) for the pair is 138 pips.…………………………………………………$AUDUSD What ProAct Traders See: Waiting: We are currently sitting @ 0.7284 in a channel and a range. A couple of different scenarios: 1: Bullish: a bounce here look for a move back to the range top @ 0.7414 2: Bearish: A continuation here would most likely take out the range bottom @ 0.7100. Watch the USDX for direction. The average daily true range (ATR) for the pair currently is 71 pips. Chart Graphics - click to open hit ESC to come back