4th November 2008 AUD, EURO Daily

AUD Weekly and 3-day pattern 8:00am

Trading below higher timeframe 50% level, with the expectation of price heading down towards the November lows.

Reserve cutting rates today, now whether this is factored into the price, but It's a bit high risk to be trading longs around 2.30pm today.

Tuesday:- Support as shown.

3-day filter resistance


EURO Weekly and 3-day pattern

Reversal down from the 3-day filter and into Monday's lows.

Resistance as shown :- random support Tuesday's lows.


  • 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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