AUD Weekly and 3-day
AUD trading around the 5-day highs and higher Weekly open.
Expecting a pullback into the Weekly 50% level.
EUR Weekly and 5-day pattern...
As per Weekly report... it's all about the Weekly 50% level @ 1.3150
But as we can see on Sunday, it's already selling down from Sunday's 3-day filter.
Any upside needs to be verified with the 3-day filter on Monday
GBP Weekly 5-day filter
At this stage GBP is trading above the Quarterly 50% level @ 1.4571 which aligns with the Weekly 50% level.
1.4571 support, which is also the 5-day lows on Monday.
If the 5-day lows breakout on the down side, then the bias is to move back towards the April balance point @ 1.4262
- All Daily forex reports are written aftr 11.00am Sydney Time, which is approximately Midnight GMT
