$EURUSD
What Forex Target Traders See: We are currently sitting @ 1.2991 @ after breaking north of the 0.214 Fibo. We are bullish above 1.2900 and waiting for the pullback to finish. We are looking for upward traction first to the R5 @ 1.3038 area. A break there would target the 1.270 fib extension around 1.3117. The average daily true range (ATR) for the pair currently is 78 pips.
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$USDJPY
What Forex Target Traders See: We are currently @ 82.27. We are bullish above 81.50. Looking to move first to the 1.618 fib extension @ 83.15 and then R6 resistance around 85.00. The average daily true range (ATR) for the pair currently is 58 pips.
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$GBPUSD
What Forex Target Traders See: Cable is currently @ 1.6032. We have broken out of the large down trend. The targets down are: 2.270 fib extension @ 1.6172, Then the overall target is 1.6211 support area. The average daily true range (ATR) for the pair currently is 67 pips.
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$AUDUSD – A great smooth currency for Newbie’s1
What Forex Target Traders See: Aussie is currently @ 1.0458. We are in the 5th wave up on the pair and are looking for continuation to the R4 @1.0527. Look for a sideways move there before a more to the R5 @ 1.0615. The average daily true range (ATR) for the pair currently is 65 pips.
