23 October 2009 AUD Euro Daily

AUD Weekly and 5-day pattern

Push down into the 50% level on Thursday, and with price trading above the spiral filter levels this favours a move towards the highs.

Whilst above 9262 upside target is the R85 bar & Weekly highs (9338)

Euro Weekly and spiral filter

50% level support but trading below the spiral filter (pink)

either Friday continues to consolidate and move in 85 point rotations using the Weekly highs as resistance

or price continues to move upwards and follow the 5-day pattern higher towards 1.5088






  • 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




    •