FOREX AUD/USD 19th June 2008

AUD Daily and 3-days

As per Yesterday's report, I didn't have a probability pattern otherthan understanding that the AUD was rising up from the June 50% level....

"define today's trend either side of the 5-day 50% level, which currently price is above it, and above the Weekly 50% level expectation price is moving towards Wednesday's highs."

AUD ended up rising up from Wednesday's 5-day 50% level and has continued up towards Wednesday's highs.

Today:- Thursday looks to be pushing up into the highs, and expected pattern would be to come back down and test the Weekly 50% level as support...

Trading range :- Thursday's highs and 5-day 50% level

Note: Use the Spiral filter as a trend guide on Thursday, as it's pushing up into 95 pip highs.


  • All Daily forex reports are written before 9.00am Sydney Time, which is approximately 3 hours before Midnight GMT
  • Exact levels shown for current day aren't confirmed until midnight GMT




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