FOREX AUD, EURO, YEN 16th Sept part 5

14:40 AUD ,EURO, YEN

Buying has come as it nears 3pm...

AUD:- on sidelines, but if the AUD is going to continue down towards Tuesday's lows, then a test and reject pattern around .7925, which aligns with yesterday's 5-day lows, can send the AUD down again.

high risk short trading above .7925, as it's looking to move towards the 5-day 50% level.

EURO:- no trades, bounce off the 5-day 50% level

YEN:- still short and stop is @ 104.52 (10 pips)

if it hasn't moved down from 104.42 by now it will probably stop me out