AUD Weekly and 5-day pattern
AUD pushed higher on Monday into the 3-day filter.
I have a view of higher prices in the AUD, but I would also like to see a reversal down to retest Friday's break or at least into the 5-day 50% level
2nd day reversal down after Monday's UP move should be defined by the 3-day filter on Tuesday
Euro Weekly and 5-day pattern
Euro is already trading near the 5-day high breakout from Friday.
Tuesday is an each way bet based on the Yellow filter...
It can push price down, but it also can rise up towards Tuesday's 5-day highs once again
- All Daily forex reports are written before11.00am Sydney Time, which is approximately Midnight GMT