EURO :- 11:55Expectation that spreads are heading back towards the 5-day 50% level's and 3-day filters.
There is Buying at 11 am, which suggests that there is going to be support into 3pm...
Ideal pattern would be a reversal down either 3pm and rising up from 7pm or earlier .
Support:- 1.4010 ideally with an R41 low and spiral filter matching for a continuation higher.
AUD:- Same pattern
support ...8028
but would like to see spiral low support to match.
No Trades on AUD today
YEN:-
Should have held longs, but moved into shorts :- 107.27 (stops 107.40)
Exit 106.98
Ideal pattern would be a push down into R41 low and exit:- and if the YEN is going to continue higher then it should be trading above 107.24, which could align with the other spreads moving higher.
At this stage YEN is trading below the 50% level, so simply trading shorts that match pattern..
