range top @ 100.00. 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 higher than last week. BE SMART - TRADE WITH STOPS!!!!FOMC on Wednesday!$EURUSDWhat ProAct Traders See: Bearish to Bullish: We are currently @ 1.0915 after completing a 5th wave. We are counting this as an a-b-c correction and expect the c wave next. To the 0.500 Fibo @ 1.1151. Watch the USDX for reversal and direction. The ATR for the pair currently is 125 pips.¬¬¬…………………………………………………$USDJPY What ProAct Traders See: Bullish to Bearish: We are currently @ 117.30 in a channel. With the Breakout of the range we are looking to target the R6/1.618 Fibo @ 118.18. Watch the USDX for direction. The average daily true range (ATR) for the pair currently is 65 pips. ………………………………………………..$GBPUSDWhat ProAct Traders See: Bearish: We are currently @ 1.3038 in a channel. With USDX up we anticipate a continuation to the 1.618 Fibo @ 1.2851 and a bounce there. Watch the USDX for direction. The average daily true range (ATR) for the pair is 116 pips.…………………………………………………$AUDUSD What ProAct Traders See: Bearish: We are currently @ 0.7294. We are in the start of a channel. A continuation here should target the S5//0.382 Fibo @ 0.7069 and perhaps to the Day chart bottom @ 0.6990. Watch the USDX for direction. The average daily true range (ATR) for the pair currently is 84 pips. CAUTION IS URGED - TRADE WITH STOPS!!!!!