This is what I see in the Forex the week of June 25th  ,  2023  USDX, EU,UJ,GU,AU

Note: Lots of Fundies this week

USDX: Bullish: We are not committed to this yet. We are in a range after putting in a possible wave 1. WE are looking for a quick 2 wave then a 3 wave to the 2.618 Fibo @ 104.550. The pairs should prove it out when the market opens. All of this could change in a heartbeat and will affect the currencies below. ATR’s are slightly lower than last week. BE SMART - TRADE WITH STOPS!!!!

#EURUSD

What ProAct Traders See: Bearish: We are currently @ 1.0894 in the start of a 2 wave down. We are looking for a quick 2 wave and then a 3 wave to the 4.236 Fibo @ 1.0683. Watch the USDX for reversal and direction. The ATR for the pair currently is 70 pips.

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#USDJPY 

What ProAct Traders See: Bullish to Bearish : We are currently @ 141.74 in a 5th wave. We are looking for a move to the R6 @ 144.54 or the Fibo @ 145.00 and expect the reversal in that area. Watch the USDX for direction. The average daily true range (ATR) for the pair currently is 119 pips.

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#GBPUSD 

What ProAct Traders See: Bearish: We are currently @ 1.2715 after making the turn and putting in a 1-2 wave structure. after a 3 wave. We expect a 3rd wave to continue to S5 @ 1.2473. We have convergence in play.  Watch for the reaction there. Watch the USDX for direction. The average daily true range (ATR) for the pair is 100 pips.

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#AUDUSD 

What ProAct Traders See: Bearish: We are currently @ 0.6677 in a range and in a 3rd wave. We have convergence started and are looking to continue to the S5/1.618 Fibo @ 0.6524.  Watch the USDX for direction. The average daily true range (ATR) for the pair currently is 70 pips. 

CAUTION IS URGED - TRADE WITH STOPS!!!!!