AUD Weekly and 5-day pattern
AUD opening up in the middle of the 5-day range and can go either way.
Either follow the trend up towards the July/August highs...
Or move down into the Weekly 50% level.
no probability pattern on Monday.
Euro Weekly and 5-day pattern
As per Weekly report, Euro is starting to consolidate above the Yearly 50% level, therefore there is a bias to continue upwards.
Trade on the side of the 5-day 50% level, as the Euro could still move down into Weekly 50% level support.
no probability on direction on Monday.
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT
