FOREX AUD/USD 21st August 2008

AUD Daily

AUD rejection from the 3-day filter on Wednesday, but the past two rejection trades and AUD isn't getting the full 90-95pip reveral follow through. (first exits always 41 pips)

Thursday:- AUD looks to be heading higher towards the 3-day highs on Thursday with the 5-day 50% level support...

Thursday could push down lower from the 5-day 50% level, because of the Weekly trend breakout, therefore it's imperative to have matching 5-day 50% level and brown filter support to confirm any UP move.





  • 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





  •