22nd June 2009 AUD, EUR Daily



AUD Monthly & Weekly


At this stage AUD looks like it's moving towards the 3rd Quarter 50% level, but trading in a narrow range around the Weekly 50% level.

AUD 5-day pattern

I would treat AUD like last week:- use the levels along with the 3-day filter (yellow) and look for 4 hour pattersn:- 41 pips -85 pips

EURO Monthly and Weekly

EUR is currently trading above the MAY high breakout but below the Yearly 50% level....

I have the same view that the EURO is consolidating until the 3rd Quarter.

Euro Weekly and 5-day pattern

Trade on the side of the 3-day filter