AUD Weekly and 3-day pattern.
AUD already trading around the Quarterly balance point so at this stage there is an expectation that the currency will move back down to the Weekly 50% level and retest the March 50% level.
Simply trade on the side of the 3-day filter.
Euro Weekly and 3-day pattern
Same expectation as the AUD…
3-day filter trend guide along with the 5-day high @ 1.3923.
GBP Weekly and 3-day pattern.
I have more upside in GBP based on the Weekly report.
But the Monthly 50% level at this stage is pushing price back down into the Weekly 50% level.
Trade on the side of the 3-day filter.
Exact levels shown for current day aren't confirmed until midnight GMT
Trade on the side of the 3-day filter.
- All Daily forex reports are written aftr 11.00am Sydney Time, which is approximately Midnight GMT
