12 November 2009 AUD Euro Daily



AUD Weekly and spiral filters

Weekly highs resistance with an expectation of a pullback into the Weekly 50% levels.

However, based on the price action in the S&P 500, this pullback might not happen until Friday at the earliest.

Euro Weekly and 5-day pattern

Thursday could end up another consolidating trading day, and any reversals down into support can align with the 5-day highs and matching weekly highs on Friday.

Weekly highs resistance


  • 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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