FOREX AUD/USD 5th August 2008

AUD Daily and 3-day pattern.


AUD moving down into August lows.

Monday test and reject pattern of the 3-day filter, and if price is going to continue down into the lows it should push down from the 3-day filter on Tuesday helped by the intra-day filter (brown)

Tuesday's random support:- prefer to trade any long positions from a lower daily open on Wednesday.



  • 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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