AUD Weekly and spiral filter
Bullish on currencies to start the week off, but ideally I would like to see AUD come down from the pink spiral and back into the 50% level.
This is based on the change of the 3-day cycle and expectation of a 1-day reversal into support.
however, above 92 cents and it's pushing higher.
Euro Weekly and 5-day pattern
Bullish on euro, as long as it remains above the weekly 50% level.
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT