AUD Weekly and 5-day pattern
Expectation currenices are moving down into the 5-week 50% levels (brown)
Monday is a lower Weekly open that can see prices move towards the 5-day 50% level if rising up from support or trading on the side of the Yellow filter.
However, at this stage AUD isn't rsing up from support and trading below thew Yellow filter
Euro Weekly and 5-day pattern
Trade on the side of the Yellow filter.
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT
