AUD Weekly and 5-day patternAUD continues to rise and will probably continue towards 95-cents and the Yearly pivot high in the 4th Quarter.
Yesterday continued to rise into the next spiral filter without any short-term reversal around .9191.
Random resistance around the highs on Friday
Euro Weekly and 5-day patternSpiral filter top on Thursday matching October highs and a reversal back down into the 5-day 50% level (& Weekly highs).
Based on this pattern looks like Euro will be moving upwards on Friday.
Random resistance @ 1.5007, but it can still continue to move up another pink to pink move (extra 85 pip range)
Friday support @ 1.4910
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT
