In the Weekly Report I mentioned that there will be a counter trend move either late this week or next week back towards the August breakout.

When we look at the daily charts below, especially the EURO and Pound/dollar, we begin to see the coming together of the 3-day dynamic highs, the 3-day filter and the 5-day 50% levels.

It's the first time in about 3-weeks that these levels have caught UP with price, and it's these levels that will eventually breakout on the UPside.

I'm hoping that there will be a robust set-up to trade any 'long' 3-day breakout without waiting for the breakout to occur, but if it doesn't we should be able to trade longs after a re-test of the 3-day breakout the following day.

Tuesday's Daily reports below....