We have seen that price didn't continue down but reverse back upwards...
Because of this pattern the next 2-days until Friday don't have a probability pattern.
AUD Weekly and 5-day pattern
Currently AUD is rotating back down into the 5-day 50% level....
If AUD is going to contiune higher into Friday then this pattern is based on the Weekly 50% level (brown), and the retest of the 5-day breakout on Tuesday using the 5-day 50% levels as support on Thursday
At this point I don't have a view of AUD moving back down into the 3-day cycle (white)
Euro Weekly and 5-day pattern
After the initial 2-day reversal into the Weekly 50% level and subsquent dow move, I don't have another view on Euro until the end of the week.
No probability pattern on Thursday (use the levels in the 5-day range)
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT
