USDX: Bearish: We are anticipating the continuation of the down move. Be aware that this could change in a heartbeat and will affect the currencies below. ATR’s are slightly down from last week.
Please note: Monday is a USA holiday – ProAct Traders is closed
ProAct Traders See: Bullish: We are currently @ 1.008 in the start of a channel to the upside. We are looking to continue to the 0.786 Fibo @ 1.1170. We have convergence on the 60-min MAC. The overall target is 1.1243. Watch the USDX for direction. The ATR for the pair currently is only 56 pips.