The first stage of any reversal will be price trading below the Weekly 50% level.
Next Week:- I would like to be short-trading the 3-day highs looking for any break of the Weekly 50% level.
Previous Weekly Report
AUD Weekly and daily charts
AUD pattern looks to be pulling back into .925 cents, and that's what we want to be trading.
It started with the sell on the 3-day highs this week on Tuesday and has continued down....
AUD 3-day filter
Expectation that AUD is moving down into the Weekly lows next week:-
Ideally the best pattern would be a rotation up into the Weekly 50% level and then look for a continuation down from a higher Daily open....
Please Refer to the Daily reports each day for trading set-ups...
