FOREx AUD/USD 22nd July 2008 part 2

AUD Daily and 3-day pattern

As per Weekly Report and today's earlier report....

Expectation that price would continue higher from the 5-day 50% level up into Tuesday's highs and then sell down.

Expectation price is heading back towards the Weekly 50% level, but the reversal down into Tuesday's lows has a random support.

Probability to continue lower into Wednesday.



  • 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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