9:40 AUd,EURO, YEN
AUD:- short 7946 (stops 7960)
Probably not a good short as expecting a reversal back into the 5-day 50% level:- target 1x41
Euro:- long off brown filter @ 1.4084 partial exit 1.4119 + 35
Holding for a double R41. (breakeven entry stop)
Expectation spreads are rotating upwards into the 5-day 50% level as per mornning reports.Note:- ideal patterns would be to see a swing back into the pink filters some time today and then continue higher:- pink to pink
YEN:- no positions
- All Daily forex reports are written before 9.00am Sydney Time, which is approximately 3 hours before Midnight GMT