22nd December 09, AUD, Euro Daily

AUD monthly and Weekly

Monday's push down towards the Weekly lows.

Weekly lows are random support levels, because there is a larger timeframe pattern that's trying to send the AUD down into the December lows @ $84.15 to 85-.74


Euro Weekly and 5-day pattern

lower Weekly open and December's lows has failed to push to Euro upwards, and is now following the Weekly timeframe range down towards 1.4188- 1.4142.

And any potential support levels in the euro , and I would have to think that it will struggle to rise higher than 1.4417 for the rest of this Quarter.

5-day lows random support on Tuesday.



  • 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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