30th Dec 2008 AUD & EUR/USD part 2



AUD & Euro 3-day pattern 15:30

The Morning report was written nearly 4 hours before Monday closed and a short-covering rally late pushed prices upwards.

I mentioned that I was looking for a move down into Tuesday's lows, but at this stage that might not occur, especially on the AUD

But still the 3-day filters along with the 3pm tops are valid resistance levels for the next 4 hour period