EURO DailyEuro trading below the Weekly and Tuesday's lows, with the expectation that price is heading down towards September's lows....
Using the R41 pip range bar chart and the 5-day pattern, price is currently being supported above Tuesday's 5-day lows....
The direction on Wednesday is going to be defined by the brown filters....
Therefore the last 41 pip range needs to complete and then the rest of Wednesday should be defined by the filters.
I won't discount an UP day.... but any trade either way needs to be confirmed with a spiral point either side of the filters....
No probability on direction:- trade the levels.
- All Daily forex reports are written before 9.00am Sydney Time, which is approximately 3 hours before Midnight GMT
