AUD Weekly and 5-day patternMonday's reversal off the lows and back into the 5-day 50% level, which will be the trend guide on whether the trend continues upwards on Tuesday back towards the Weekly 50% level @ .90
Based on current price action, it looks like this week is going to remain range bound within the 5-day range because of the Weekly timeframe still within the January timeframe until the end of the week.
Euro Weekly and 5-day range and spiral filter If Tuesday is going to go higher it will need to clear the 5-day 50% level...
Pink filter trend guide for 85 pip moves:- pink to pink
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT
