AUD Monthly
Of all the currencies and Index markets, AUD is the first to complete the move into the Yearly 50% levels.
Which is also the MAY highs.
I'm just not sure how much more upside on the AUD is left.
However, that's simply going to be found out next week:- higher Weekly open
and using the 3-day filter as part of a 'short' and hold pattern.
Daily report on Monday
Euro Monthly
The Euro was choppy either side of the Quarterly balance point in April, but it was MAY that finally got the trend going.....
but infact it was only Friday that did all the move, once again aligned with price coming back down into the 3-day filter and continuing higher
upside target is the Yearly balance point @ 1.4094
But MAY resistance levels.
And trade on the side of the 3-day filter.
GBP MonthlyMAY highs reached, along with a higher Weekly open..
The larger trend move is towards 1.6431 (Yearly)
However, at this stage I would need to see a pullback into some support once again for any upside moves to play out in June.
