20th October 2009 AUD Euro Daily

AUD Weekly and 5-day pattern

bias to continue higher, but at this stage it looks like more R85 rotating patterns


Euro Weekly and 5-day pattern

Euro provided a nice set-up with the push down into the spiral low and 50% level.

Tuesday will start around the highs, and once again any higher moves would ideally begin around the R85 low for a push towards the Weekly highs.

Currency those highs are seen as resistance until the R85 range completes.

  • 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




    •