AUD Weekly and spiral filterpink filter is the trend guide and also the R85 top.
Below the pink filter and it's part of a short-term reversal pattern towards last week's Weekly highs @ 91.80
Euro Weekly and 5-day patternUSD Index is just hanging onto the January 50% level support, whilst the Euro is just trading below it.
Tuesday will probably set the trend for the rest of the week...
Above the 1.4504-11 and there will be an expectation that the Euro will continue to move higher and follow a higher Friday close.
Below those levels and it's a higher daily open 'sell' after testing resistance levels.
No probability on Direction other than being on the right side of that level.
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT
