10th Dec 2008 AUD & EUR/USD Daily
AUD Weekly and 3-day pattern
AUD trading between Weekly highs and Weekly 50% level.
At this stage the expectation is that any breakout above the Weekly highs might come closer to Friday and continue upwards towards the December 50% level.
Ideally I would like to see AUD move back down into the 3-day lows over Wednesday/Thursday and bounce.
Wednesday:- no probability pattern
Euro Weekly and 3-day pattern
Expectation price is moving towards the Weekly highs on Wednesday.
Weekly highs resistance