AUD Weekly and 5-day patternAUD trading around the January 50% levels @ 89.80, but there's another breakout pattern on Thursday (5-day lows), which should continue down on Friday towards the Weekly lows.
At this stage I can't discount these January 50% level holding support on Friday and these's an UP day that closes back towards the Weekly 50% levels, but then continues lower next week (Weekly lows)
EURO Weekly and 5-day patternHolding support around key levels:- Monthly and Quarterly.
Currently range bound within the 5-day pattern.
5-day 50% level is the trend guide, if price is trading above that level on Friday then there an expectation that price is trying to move back towards the Weekly low breakout and next week's 50% level.
Exact levels shown for current day aren't confirmed until midnight GMT
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT
