4 November 2009 AUD Euro Daily

AUD Weekly and 5-day pattern

AUD looks well supported after yesterday's down move and rotation back above the 50% level from the spiral low.

Trend guide 90.13

At this stage I'm still leaning towards AUD consolidating for this week

Wednesday's trading should be defined by the pink filter @ 90.48, which is either going to push AUD higher 85 pips, or once again reverse back down.

No probability pattern

Euro Weekly and spiral filter

Weekly low support but still below 50% levels.

no probability pattern on Wednesday:- trend guide 50% level @ 1.4737







  • 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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