FOREX AUD/USD 29th July 2008 part 2

AUD daily 3-day pattern

AUD is pushing down from the 3-day filter, but it's not aligned with the intra-day pattern. (brown)

Ideally would like the price just to continue down into Tuesday's lows and break, but because price is trading above (brown) it might not occur until US trading hours.

Hopefully it doesn't kick up in US trading hours

  • 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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