11th Sept 2009, AUD, EUR Daily



AUD Euro Weekly


Trading above the September highs, and Friday is whether price continues into a higher Friday close or ends up trading around the 5-day 50% level.


Aud 5-day pattern and spiral filter

Still above the pink filter with a potential move into another pink to pink move upwards, but if will need to be trading above the 3-day filter...

helped by the 5-day 50% level

If price is trading belew the 5-day 50% level and the R84 close below the pink, then the bias is to move back down into the 5-day lows @ 85.10

Euro 5-day pattern and spiral filter

It's simply a matter of trading or not trading on the side of the pink filter and the direction is takes on Friday.

No probability on the directions