USD IndexUSD index looks to be rotating towards the September 50% level next week, and Weekly 50% level support.
I would favour a rotating down to retest the Weekly 50% level and 5-day 50% level.
AUD Weekly and 5-day pattern
Lower Daily open around Weekly 50% level support, but without a probability pattern in the 5-day pattern.
If the US index is rising then the AUD could remain choppy on Thursday.
Euro Weekly and 5-day pattern
No probability pattern on Thursday.
Trend guide is the 3-day filter
either a lower Daily open rises up from the Weekly 50% level, but needs to be trading above the 3-day filter.
Or price continues down into the monthly BP, as part of the USD index rising upwards.
- All Daily forex reports are written aftr 11.00am Sydney Time, which is approximately Midnight GMT
