$EURUSD
What Forex Target Traders See: We are currently sitting @ 1.2822 . We are in a correction which indicates a continuation to the downside trend wall. We are looking for a continuation to the S7/ support @ 1.2725. We could have a short move to the upside trend wall first however. The next major down target is the -01.270 fib extension @ 1.2843. The average (14 day) daily true range (ATR) for the pair currently is 93 pips. 
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$USDJPY
What Forex Target Traders See: We are currently @ 94.19 and we view it as a correction and continue to look for opportunities to go long. If the market corrects and bounces near the 93.75-94.00 area, we will look to going long to the R7 resistance @ 97.92 and maybe to the -1.270 Fib Extension @ 101.50. The average (14 day) daily true range (ATR) for the pair currently is 106 pips. 

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$GBPUSD
What Forex Target Traders See: Cable is currently @ 1.4596. We are looking for a continuation to the R5 resistance @ 1.4758. this trend is very shallow and is actually a box (and maybe a bear flag) so while the overall target is the 1.5000 area (R5) – it is going to have to get some momentum to get there. The average (14 day) daily true range (ATR) for the pair currently is 95 pips.

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$AUDUSD – A great smooth currency for Newbie’s!
What Forex Target Traders See: Aussie is currently @ 1.0446 –in a descending wedge pattern which is bearish for the cross. A case can be made that a head and shoulders has not been put in place and will need to be put in first. We have an immediate target is currently the S3 @ 1.0354 area. Expecting a break down here and the finish the wave to the 1.0300 area. The average (14 day) daily true range (ATR) for the pair currently is 66 pips.