AUD Weekly, R85, & 5-day pattern
AUD currently in an UP trend and trading around the spiral 50% level but below the 5-day 50% level.
Therefore if the AUD is going upwards it needs to be trading above the 5-day 50% level @ 92.40
If the R85 closes down @ 9194, then 9219 becomes a trend guide for a push down into the Weekly 50% levels
Euro Weekly, R85 and 5-day patternBelow the weekly 50% level so the expectation is to move downward.
There is also a breakout of the 5-day lows from Friday, therefore is should continue down on Monday.
However, the most robust pattern would be to retest the 5-day 50% level, which matches the R85 spiral high precisely.
The only conclusion is a retest of those levels @ 1.4421-27 and a continuation down
