Currencies pushed upwards on Monday and stalled....
AUD hit the Weekly highs and the March 50% level, if it's valid resistance the AUD along with other currencies should push down.
If currencies are going the break higher, then Tuesday can be the day but there are no set-ups to position trade longs.
For day traders simply trade on the side of the 3-day filter
Euro Weekly & 3-day pattern
Weekly high resistance...
3-day filter is the trend guide either direction.
if it's going to continue higher then the 3-day filter should support price and make am ove upwards during GMT trading...
If it doesn't hold, it's back down into the Weekly 50% level.
Trade the 4 hour patterns.
GBP Weekly and 3-day pattern
3-day filter trend guide:- either direction
- All Daily forex reports are written after 11.00am Sydney Time, which is approximately Midnight GMT