17 June AUD & EUR Daily

AUD Weekly 5-day pattern


AUD still trading around the 5-Week 50% level.

Once again no probability on direction.

Use the levels in the 5-day range for 4 hour & 41 pip ranges


EURO Weekly and 5-day pattern

I wasn't expecting an UP day on Tuesday because of the 5-day breakout on Monday.

I was expecting the same pattern that occurred in the DOW and S&P:- break and extend down into Tuesday's lows.

Wednesday:- no probability pattern

trade on the side of the yellow filter, if it's below then it is part Monday's breakout and move below the weekly 50% level down into Wednesday's lows







  • All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT


  • Exact levels shown for current day aren't confirmed until midnight GMT




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