Monday:- Any reversal down on Monday I would like to see the 3-day highs hit and then begin a rotation back down into the 5-day 50% level.
5-day 50% level on Monday is random support....."
Yesterday's Report
Euro Daily and 3-day pattern
Euro pushed up on Monday but fell short of the 3-day high, reversing back down into the 5-day 50% level.
Tuesday:- There is no probability pattern.
The expectation is that price is rotating back down into the Weekly 50% level, which should align with Tuesday's lows (support).
However, price might push back into Tuesday's highs once again because of the 5-day 50% level support on Monday.
Note:- judge Tuesday's intra-day trend with the 3-day filter (brown), but also use the previous Weeky high @ 1.5933
- All Daily forex reports are written before 9.00am Sydney Time, which is approximately 3 hours before Midnight GMT
