AUD Weekly and 5-day pattern
AUD following the monthly range higher, along with the 5-day pattern higher.
Once again I don’t have any probability patterns until those MAY highs reach @ 75.36.
trade the levels and look for 4 hour patterns.
4 hour patterns Simply mean 4 hour closing prices around certain levels:- either a 4 hour top closes below a level and short trade down or it closes above extending upwards
Euro Weekly and 5-day pattern
Euro reversing down from the Weekly highs and will start the trading day below the Yellow filter:- lower Daily open
At this stage it’s about trading 4 hour patterns around the levels.
No Probability pattern once again on Thursday, as it’s consolidating between the Weekly highs and Monthly balance point.
GBP Weekly and 5-day pattern
GBP reached the Weekly highs….
And will probably reach the MAY highs on Thursday
Random resistance:- Thursday's 5-day highs.
- All Daily forex reports are written after 11.00am Sydney Time, which is approximately Midnight GMT
