AUD Weekly and 3-day pattern 8.10Most currencies against the USD have rallied, but the AUD is lagging any continuation on the upside.
The Fed meets on Tuesday, and any cut in rates whether it's factored in or not the expectation remains that the AUD is moving towards the Weekly highs and back towards the December 50% level.
3-day filter the trend guide.
EURO Monthly and WeeklyEuro moving back towards December's highs, which matches the Quarterly 50% levels.
Weekly highs breakout......
Euro Weekly and 3-day patternEuro:- at this stage the trend continues higher but I still have to follow the patterns.
Tuesday highs random resistance.
Blue 3-day filters support, as the Euro hasn't traded below those levels for the past 6 days.
- All Daily forex reports are written before 9.00am Sydney Time, which is approximately 3 hours before Midnight GMT
