AUD Weekly and 5-day patternBeing the last day of a number of timeframes, next week's open in relation to those level in January is what we should focus on.
At this stage no probability pattern for Thursday.
Euro Weekly and R85 spiral.At this stage the euro looks to be moving lower in the first week of January, whilst being supported in December, as price remains below 1.4417 (Quarterly BP)
The only confirming pattern of moving towards the January 50% level would be to see the R85 close above 1.4388, and then this becomes support.
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT
