AUD and Euro WeeklyCurrencies opening the trading week around the 5-day 50% level.
There has already been a 2-day pullback that can see higher prices early this week towards the Weekly highs, as the trends continue up whilst trading above the September highs.
AUD 5-day pattern and spiral filter....
Based on the spiral filter I can't see the AUD rising unless price comes down into 8633, or even lower (pink to pink move)
No probability pattern on AUD...
Euro and spiral filter
I would need to see the R85 spiral filter to move down...
Note:- lower spiral filters mean prices are below the 5-day 50% level...
Therefore any higher moves would need to see 4 hour closes back a the 5-day 50% level...
otherwise price can continue down....
Higher Weekly opens and trading below the 5-day 50% levels
