USD Index Monthly and Weekly
This week's expectation (Weekly Report) was a 2-day reversal down with the possibility of price moving back towards the highs.
This is either going to double top on Thursday (5-day highs and matching February top) , along with the Yearly 50% level and move back down....
Note:- also the 'dropping' of the following week highs, which often favours weakness this week.
Or because of the January closing price (breakout of the January highs and trading above the 3-Quarter 50% level) (Friday close above) & then continues higher next week.
AUD Weekly and 5-day patternBased on the price action in the AUD, there isn't a probability pattern for Thursday....
Support Thursday's lows.
Euro Weekly and 5-day pattern
No probability pattern on Thursday.
5-day 50% level and Yellow filter's trend guides.
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT
