20 JAN 2010 Euro, AUD Daily

AUD Weekly and 5-day pattern

There's no probability pattern for Wednesday, as this week looks like a sideways pattern of 85 point range rotations.



Euro Weekly and 5-day pattern

Bearish trend and there's a breakout of Tuesday's 5-day lows, which in theory should have Wednesday remaining flat or going lower

However, the spiral filter has pink support that could see price move upwards 85 pips.

I would treat Wednesday as a R85 rotating day between the levels in the 5-day pattern.






  • 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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