AUD Weekly and 3-day pattern.Weekly highs resisting price, and still looking for a pullback before any higher move occurs
Thursday 5-day 50% level supported the market, with the 3-day filter not resisting.
Friday’s trend guide should be the same.
Euro Weekly and 3-day pattern
Same expectation as AUD ,but the Euro was choppy either side of the 3-day filter.
At this stage I still view Euro moving down.
3-day filter trend guide, along with the 5-day 50% level.
GBP Weekly and 3-day pattern…
I’m bullish on GBP, but not whilst below the 3-day filter, and it’s actually providing the pullback that I wanted to see.
No set-up on Friday, other than using the levels in the 5-day pattern.
3-day filter resistance.
- All Daily forex reports are written aftr 11.00am Sydney Time, which is approximately Midnight GMT
