USD Index
Heading down into September's lows....
Whilst currencies continue higher in September.
AUD Monthly and WeeklyAUD hitting the Quarterly highs, but should continue up towards the September highs.....
AUD Weekly and spiral Filter
UP move on Friday set-up with Pink filter support, and probably continue higher on Monday because of the breakout of the highs...
Price should continue to move towards the R85 high and another spiral filter.
Euro Monthly
Trend guide for the euro is 1.4262 and price should continue up into September's highs and with a max move towards the Quarterly highs @ 1.4870...
As long as price is above 1.4262 then the trend is UP...
Euro Weekly and 5-day pattern
Choppy trading Week either side of the Weekly 50% level, but that was my expectation.
Because Friday has closed higher, there is an expectation that next Week will continue higher.
Basically every low last week was matched with the pink filter...
Therefore the 50% level is 1.4262 and this matches the monthly balance point in the Weekly chart.
Unless for some reason the Euro 'gaps' open below that level I would have to treat September with an UP ward bias.
Below 1.4262 next week and the bias would be to revist the monthly lows @ 1.4013
