8th Dec 2008 AUD & EUR/USD Daily



AUD Weekly and 3-day pattern

Trading below the higher timeframe 50% levels, along with the 3-day filter.

However, I have a gut feeling that currencies are moving towards the Weekly highs this week, but at this stage nothing suggests it will....

And there aren't any long set-ups as yet.

3-day filter resistance.




Euro Weekly and 3-day pattern...

Ditto