AUD Weekly and 3-day pattern
AUD Weekly lows supporting the price, but the overall Monthly trend is down, and Thursday has moved down after testing the 5-day 50% level.
Based on this test and reject pattern which matches the breakout of the 3-day lows, I would look for a move down into Friday's lows.
3-day filter resistance
high risk short trading above resistance on Friday.
Euro Weekly and 3-day pattern
Same expectation on the euro:- move down on Friday...
However there is still a possibility that the Euro could move up towards the 3-day filter (resistance).
Simply define Friday's trading by trading on the side of the blue filter @ 1.2998
GBP Weekly and 3-day patternGBP consolidating around the Monthly lows.
I would have expected a little more support, but if these lows are valid and price begins to move up off these lows, then it will begin with a break of the 3-day filter.
A break of the 3-day filter, and I would be looking for a move towards the breakout of this week's Weekly lows, which match up with next Week's 50% level.
Otherwise, GBP could be following a lower Friday close
