AUD Daily and 3-day pattern
Yesterday's view was an UP move into the 5-day 50% level, but hopefully a higher daily close so the August 50% level could be used to trade down from.
This didn't happen, but the same pattern can hopefully play out early next week.
Friday:- No probability pattern.
Even though I'm expecting lower prices to .925, Fridays very rarely continue down. Friday normally rises higher or moves in a sideways pattern.
I would prefer to let Friday trade out and hopefully provide an UP swing back towards the August 50% level next week and then continue down.
Weekly Report Tomorrow
- All Daily forex reports are written before 9.00am Sydney Time, which is approximately 3 hours before Midnight GMT
