FOREx AUD/USD 30th July 2008

AUD Daily and 3-day pattern

This week's probability pattern was to continue down into the July 50% level and Weekly lows.

The most robust pattern was a rise UP on Monday and a Sell the higher open on Tuesday down from the 3-day filter.

The rest of this week is to continue down into the Weekly lows.

This could happen early on Wednesday pushing down (brown filter) and into Wednesday's low and Weekly lows (Support)

Or if price moves up into the 5-day 50% level on Wednesday, the expectation is to continue down to complete the move this week.



  • 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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