AUD Daily and 3-day pattern 15:10
Overall I'm bearish on currencies, but price is trading above the 5-day 50% level.
Whilst above the expectation is that Thursday is moving higher.
Based on the Weekly HOOK pattern on US indexes which currenices often follow, and the view of higher prices into Friday, then the same can be said about the AUD
Euro Weekly 3-day pattern
Overall I'm bearish on currencies, and price is trading below the 3-day filter.
Based on the Weekly HOOK pattern on US indexes which currenices often follow, and the view of higher prices into Friday, then the same can be said about the Euro.
But at this stage unlike the AUD, there is no probability pattern of higher prices.
