5th August 2009 AUD, EUR Monday

USD dollar Index

USD index trading around the Weekly lows...

There is a 5-day 50% level 'sell' pattern pushing price downward, but a small range day...

Trading on Wednesday is going to be dependant on where price is trading in realation to the 5-day 50% level...



AUD Weekly and 5-day pattern

Ideally I would like to see the AUD spike upwards on Wednesday and hit the 5-day highs matching the august highs before any reversal downward

Euro Weekly and 5-day pattern

And the same applies in the Euro....

3-day filter the trend guides..