14th July 2009 AUD, EUR Daily



AUD Weekly and 5-day pattern

AUD range bound on Tuesday....

Not probability patterns.

If day trading, I would use the levels and simply try and take between 30-40 pips

Random support the 5-day 50% level

Random resistance the 3-day filter Yellow




Euro Weekly and 5-day pattern

Euro still hasn't tested the July 50% level, and at this stage there isn't a probability pattern on Tuesday.

There's a lot of resistance around these upper levels, as pointed out in the Weekly report.

euro just looks choppy.

Better trades on Wednesday.




  • 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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