Rate cut ann of 1% and I thought the AUD would have followed a similiar pattern of selling off....
Expectation that on 11am that the AUD would swing back into the pink filter....
Exit 6355 + 51
Up swing into the pink again and Short.....
6408.... (stops 6415 -7)
targets 41 and hold pink to pink.
But it's not selling off, so I think the AUD could push up slightly into the 5-day 50% level @ .6427
Note:- above the 5-day 50% level and AUD is moving back into the 3-day filter, which matches the monday low breakout:- resistance
Euro 15:45
Expectation of a rotation back into the 5-day 50% level.
It's above the blue filter, but no matching spiral levels to go long from.
Note:- Monday close below Monday's lows, so there is also an expectation that the Euro could continue down into Tuesday's lows
No trades