28 December 09, AUD, Euro Daily



AUD Weekly and 5-day pattern

The Trend is down and expectation price is heading lower in the first Quarter.

Resistance 50% level and R85 spiral top.


Euro Weekly and 5-day pattern.

Trading below 1.4417 (quarterly balance point) and the high on Friday suggests that the next two days are not going to rise higher than Friday.

That could mean more sideways price action or price can end up down around the 5-day lows on Tuesday.