FOREX AUD/USD 14th July 2008

AUD Daily and 3-day pattern

Please Read the Weekend report before proceeding.....

http://forexspread.blogspot.com/2008/07/forex-audusd-weekly-12th-july-08.html


Monday: Any reversal down on monday I would like to see the 3-day highs hit and then begin a rotation back down into the 5-day 50% level.

5-day 50% level on Monday is random support.....

"support should be verified by a lower Daily close, and then rising higher from a lower daily open"





        • 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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