The weekend and month-end approach, though from a technical perspective (and in general), the longer the horizon, the more reliable the signals. As such, we have focused on quarterly candles. On quarterly charts, AUD/USD is well on course to post a Bearish Reversal, similar to one seen in 2008, and USD/BRL looks likely to form the same pattern in favour of further bullish USD price action in Q4.
A sovereign rating downgrade by S&P and Fitch has placed pressure on NZD/USD, though a close below 0.7581 today is needed to complete a Bearish Reversal Quarter. Along with some of these commodity currencies, the two-year-plus uptrend in the Asia Dollar Index also incurred damage. The latest Asian currency to break lower is the THB; USD/THB posted fresh highs of the year, completing a basing pattern.
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http://www.easyforexnews.net/wp-content/uploads/2011/09/Global_TW_-_Quick_Charts_Sep_30.pdf
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