USD Index monthly and WeeklyUSD dollar index is struggling to hold the 3-month 50% levels.
Because of the December high breakout I would naturally view the trend as a break and extend pattern into the January highs.
The dip downward isn't a surprise because the best trends originate from the 50% levels, but I'm surprised by the lack of bounce.
However, the Primary trend is trading below the Yearly 50% levels in 2010.
Euro Weekly and R85 spiral.Euro remains below the 3-month 50% levels (but above the Yearly 50% level).
At this stage price continues to consolidate in 85 point wave.
pink filter and Weekly highs trend guides
AUD Weekly and 5-day patternHigher Weekly open and 2-day reversal back down, but at this stage it looks well supported.
There's a breakout of the Weekly highs from the previous week and price has come down and found support:- tested
Potential move over the next 3-days is back towards the Weekly highs this week:January highs
50% level in the spiral range is the trend guide:- 91.52
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT
