AUD & EUR 5-day pattern.
As per Weekly report, this week is about the trend being defined by the 5-week 50% level as was the case last week.
Levels shown in the previous report(brown dotted)
Monday: trade on the side of the 5-day 50% level.
If shorting then look for 4 hour patterns of 41-85 pip ranges.
A bounce off the 5-week 50% level and above the 5-day 50% level can hold
- All Daily forex reports are written aftr 11.00am Sydney Time, which is approximately Midnight GMT
