USD Index Trading around support in November and as seen in the past, price likely to consolidate around these levels and even rotates upwards the closer it gets to the end of the month.
It will also start in the middle of the 5-day range, which is either going to see price down into the Weekly lows, or push upward for 2-days
AUD Monthly and WeeklyAt this stage AUD looks like it's range bound around these highs, which could see a push up into the Weekly highs and November highs next week.
If USD index moves down into the Weekly lows and the AUD moves up into the Weekly highs, then I would begin to look for moves back down into the Weekly 50% level on the AUD, using the 3-day filters as levels to short-trade from.
A close below the 3-day lows and Weekly 50% level will put pressure on the AUD back down into the 3-week lows.
Euro monthly and Weeklybias is to continue towards the highs...where Weekly highs and November highs are resistance.
This will complete the 3-month wave pattern upwards from the September high break
If Euro pushes down early next week because it's currently below the 5-day 50% level and hits the red monthly support levels (balance points), then we should look for Weekly HOOK patterns for a rise upwards into friday.
GBP monthly and WeeklyGBP is following the 3-week range and should be view as such. (Weekly 50% level support)
