USD Index
completes the break and extend pattern from the July 50% level into August lows along with the matching single year 50% level.
As per Weekly report I'm looking for the Index to move upwards, whilst currencies move down.
The first sign on a confirming reversal pattern will be a change of the 3-day cycle (White)
Euro Weekly and 5-day patternEuro target and resistance is 1.3191
There was a move upwards on Tuesday and now price is trading above that level.
The first sign of a reversal pattern is going to be a break of the 3-day lows (blue) with matching 5-day 50% level.
Trend guide today is 1.3236
AUD Weekly and 5-day patternTrading around the Weekly highs, but as part the Weekly report target and resistance @ 9188
