FOREx AUD/USD 4th Sept 2008

AUD:- is moving back into Tuesday's breakout, which matches the 5-day 50% level....

This pattern should hopefully follow a 'test & reject' pattern on Thursday, and push the AUD back down or at least stall AUD from rising.

Whilst above the filters, the expectation is that the AUD is rotation back into the 5-day 50% level, for the first time this week.

  • 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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