$EURUSD
What Forex Target Traders See: We are currently sitting @ 1.3103 . We got the break out to the upside and now long inside a channel. We are looking for a continuation to the day chart congestion area @ 1.3268. The average (14 day) daily true range (ATR) for the pair currently is 77 pips.

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$USDJPY
What Forex Target Traders See: We are currently @ 98.64 and need a correction before looking again to longs. We will need to get a pullback hopefully to the .500 fibo @ 96.33 and then the longs should get in place. If the market corrects we will look to going long to the first wave R7 resistance @ 100.79. The average (14 day) daily true range (ATR) for the pair currently is 119 pips.

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$GBPUSD
What Forex Target Traders See: Cable is currently @ 1.5354. We are looking for a continuation to the 3rd wave R6 resistance @ 1.5646. there is an area of congestion on the day chart which may chop it up above 1.5492. The average (14 day) daily true range (ATR) for the pair currently is 77 pips.

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$AUDUSD – A great smooth currency for Newbie’s!
What Forex Target Traders See: Aussie is currently @ 1.0355 –out of the wedge pattern. We are bouncing on the .382 fibo which is a bounce point. We expect a move back to the 3rd wave resistance R4 @ 1.0582 and then the R5 @ 1.0726 area. The average (14 day) daily true range (ATR) for the pair currently is 56 pips.