AUD Weekly
Most currencies have sold off on lower opens this week towards the Weekly 50% levels.
I needed these to open near open around the 5-day 50% levels on Sinday to short-trade down.
5-day 50% level and 3-day filter :- resistance.
Euro WeeklyMonday lows and Weekly 50% level could provide 4 hour swing patterns for screen traders back into the 5-day 50% levels
Trade on the side of the Yellow filter.
GBP Weekly
As per Weekly report:- Sell the 5-day 50% level on today's open.
Sadly it didn't open high enough.
In conclusion:- the view is for currencies to continue down, but based on this week's lower Weekly open and monday's 5-day lows there could be swings back into the 5-day 50% level.
More so if prices align with the Weekly 50% levels.
11.00am Sydney Time, which is approximately Midnight GMT
