AUD Weekly and 5-day patternAUD stalling around Tuesday's highs and the Weekly highs....
5-day 50% level is random support.
Because price is already around the highs, then any 5-day 50% level support is viewed as trading 4 hours patterns:- 41 pip ranges
Euro Weekly and 5-day pattern
Euro reversing down from the Weekly highs and will start the trading day below the Yellow filter, which could result in a 4- hour push down
At this stage it’s about trading 4 hour patterns around the levels.
No Probability pattern
GBP Weekly and 5-day pattern
GBP reached the Weekly highs….
I can’t see much more upside other than another small range day and consolidation
3-day filter random resistance
5-day 50% level random support
- All Daily forex reports are written aftr 11.00am Sydney Time, which is approximately Midnight GMT
