Note: USDX: Bearish – We have convergence in play so we are looking to start an a-b-c to the downside 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 significantly higher than last week. BE SMART - TRADE WITH STOPS!!!! usdx-ws-22.jpg #EURUSDWhat ProAct Traders See: Bullish: We are currently @ 1.0409 in a falling wedge which is bullish. With Dollar down we are looking for a move to the upside to the R5/0.382 Fibo @ 1.0713-27. Watch for a reaction there. Watch the USDX for reversal and direction. The ATR for the pair currently is 108 pips. eurusd-ws-22.jpg ¬¬¬…………………………………………………#USDJPY What ProAct Traders See: Bearish: We are currently @ 129.27 in a channel. We have convergence up but very late. We are looking for a move to the S5 @ 127.52 and then the S6 @125.18. Watch the USDX for direction. The average daily true range (ATR) for the pair currently is 146 pips. usdjpy-ws-22.jpg ………………………………………………..#GBPUSDWhat ProAct Traders See: Bullish: We are currently @ 1.2261 in a range and just out of a falling wedge. We have convergence to the upside. We are looking for a move to the R5 @ 1.2560 and then??? Watch the USDX for direction. The average daily true range (ATR) for the pair is 149 pips. gbpusd-ws-22.jpg …………………………………………………#AUDUSD What ProAct Traders See: Bullish: We are currently @ 0.6941. We finished 5 waves to the downside. We are out of the falling wedge and expect a move back to the R5 @ 0.7207 area. Watch the USDX for direction. The average daily true range (ATR) for the pair currently is 114 pips. audusd-ws-22.jpg CAUTION IS URGED - TRADE WITH STOPS!!!!!