6th August 2009 AUD, EUR Monday

AUD Weekly and 5-day pattern

There is no probability pattern on the AUD on Thursday, other than trading on the correct side of the levels.

Both the 3-day filtrer (resistance) and the 5-day 50% level (support) are random patterns which might result in 41 pips moves.

Euro Weekly and 5-day pattern

At this stage Euro looks range bound above the Weekly highs and August highs.

3-day filter random resistance...

Above it and expectation price is pushing up towards August highs.

• All Daily forex reports are written aftr 11.00am Sydney Time, which is approximately Midnight GMT

Exact levels shown for current day aren't confirmed until midnight GMT