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Target Trading Week Of September 21, 2014

Published 09/20/2014, 05:04 PM
Updated 10/05/2023, 10:02 PM

EUR/USD
What ProAct Forex Target Traders See: We are currently sitting at 1.2837. We are looking for a fast correction the finish the 4th wave and then a move down to day support at 1.2624 The average daily true range (ATR) for the pair currently is 65 pips.


USD/JPY
What ProAct Forex Target Traders See: We are currently at 108.95. We are looking for a continuation to the 110.31 area BUT a corrective wave back to the 106.95 area could happen at any moment. The average daily true range (ATR) for the pair currently is 58 pips.


GBP/USD
What ProAct Forex Target Traders See: Cable is currently sitting at 1.6301. We are waiting to break the diagonal support and our immediate target is the 0.618 at 1.6179 then 1.6058-6000. The average daily true range (ATR) for the pair currently is 95 pips.

AUD/USD – A great smooth currency for Newbie’s!
What ProAct Forex Target Traders See: Aussie is at 0.8930. We expect a bounce at the S6 / 0.8909 area and then a continuation to the 2.618 Fibo at 0.8702, The average daily true range (ATR) for the pair currently is 66 pips.EUR/USD Daily ChartUSD/JPY Daily ChartGBP/USD 240 Min ChartAUD/USD Daily Chart

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