19th October 2009 AUD Euro Daily

AUD Weekly and 5-day pattern

At this stage currencies are seen as range trading between the Weekly 50% levels and the Weekly highs.

The first two days should be viewed as whether currencies will contrinue higher or pullback into support.

At this stage the spiral filter @ 9191 is the trend guide:-

At this stage it's viewed as a pullback and a pink to pink move down.

Euro Weekly and 5-day pattern

Same set-up on the euro, trend guide will be the R85 top and pink filter @ 1.4934




  • All Daily forex reports are written before 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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