10th Sept 2009, AUD, EUR Daily

AUD & Euro Weekly

Both currencies trading above resistance levels, and at this stage there is a view of higher prices into Friday...

The AUD is alreay trading around the 3rd Quarter highs, whilst the Euro is trying to get to those highs @ 1.4870+


AUD 5-day and spiral filter pattern


Early sell rotating down on Wednesday but spiral low support....

pink support on Thursday...


However the trend guide should be 86.19


If above it's following a pink to pink move upwards, which matches Thursday's highs and the 3-day filter (yellow)


Euro 5-day pattern and spiral filter..

Trend guide 1.4546...


Below and it's following a similar pattern as the AUD :- rotating down 85 pips and more than likely continue higher.


Above 1.4546 and it continues to trend upwards.








  • 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




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