5-day 50% level 4 hour support:-
Unless the Weekly 50% level is reached:-
Note:- .8300 is the trend guide (support) on Tuesday if the AUD is going to continue higher this week.
Euro Weekly 5-day pattern
Weekly 50% level support (5-day 50% level) 1.4260
Any continuation higher this week will need to see price bounce off the Weekly 50% level and trading above the Yellow 3-day filter (4 hour close above) for a move towards the Weekly highs over the next 2 days.
- All Daily forex reports are written befre 11.00am Sydney Time, which is approximately Midnight GMT