FOREX AUD/USD 28th July 2008

AUD daily and 3-day pattern

Expectation that the AUD is continuing down into July's 50% level, which is matched by the Weekly lows.

Ideal pattern is a move back into the 5-day 50% level and 3-day highs on Monday and continue down.....

That could occur in US trading hours or from a higher open on Tuesday.....


  • 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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