13th July 2009 AUD, EUR Daily

AUD Weekly and 5-day pattern

Based on the July 50% level support, and if price is trading above the Yellow filter on Monday, expectation of a swing back towards the 5-day 50% level


Euro Weekly and 5-day pattern

As per Weekly report, my expectation was that the Weekly 50% level would push the Euro back down into July's 50% level early this week.

Instead the early price action is rising up from the 5-day 50% level i Sunday's trading.

Monday's 50% level is the trend guide, and if above 1.3957 the Euro is moving towards the 3-day filter (Red)






  • 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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