FOREX AUD/USD 13th August 2008

AUD Daily


AUD has moved down into the Weely lows and support....

There was early support and a 95 pip UP move, but during the US hours the AUD got sold off once again closing below Tuesday's lows.

It's all about the Brown filter on Wednesday:-

A breakout of Tuesday can push down lower on Wednesday....

A weekly support pattern would be confirmed with price trading above the filter and then continuing back towards the 5-day 50% level during GMT hours, using the Weekly lows as support.

Target 3-day filter:- random resistance because of the Weekly low support swing.

There is no probability pattern on Wednesday other than reacting to price action.


  • 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




  •