AUD Monthly and WeeklyAUD trading around the 3rd Quarter highs and the September highs.
Next Week will start from a higher weekly open, but unless price is trading below the Weekly 50% level and the August highs it hard to think the AUD will drop much.
But, if the AUD begins to drop down from a higher weekly open, the 3rd filter will often provide set-ups on the way down.
Daily and 5-day pattern on Monday
Euro Monthly
MAY high breakout, June retest of the breakout, and expectation that the 3rd Quarter would rise towards the 3rd Quarter highs.
This was set-up with the month of September:- last month of the quarter continuing into the next Quarter.
Euro Weekly and 5-day pattern
At this stage the view is to continue higher, but it would be ideal to see a lower spiral filter some time next week to trade longs upwards.
Daily report on Monday
GBP/USD Monthly and Quarterly
