AUD Weekly and 3-day patternCurrencies rallied on Tuesday breking out of their 3-day highs and most likely swing back into the November 50% level, which is the same thing occuring in Index markets.
Wednesday:- breakout of 3-day high on most occassions continue higher into Wednesday's high
Support as shown
EURO Weekly and 3-day pattern
Same expectation on the Euro:- November 50% level rotation.
Tuesday's bounce off the lows and rally, breaking out of the 3-day high is a bullish pattern.
Support the 5-day 50% level
- All Daily forex reports are written before 9.00am Sydney Time, which is approximately 3 hours before Midnight GMT
