AUD Weekly and spiral filter
This week is about whether the AUD continues up into the Weekly highs or reverses down into the Weekly 50% level, and it will be based on the October highs @ 9048
higher Weekly open can follow SET-UP A, but it will need a R85 pip close below intra-day support.
Unless there is a R85 pip close below the current intra-day support levels, the bias is to continue higher.
Euro Weekly and 5-day pattern
Normally I would look for price is come back into the Weekly 50% level support levels, but with the spiral filter, Monday can push higher.
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT
