AUD Weekly and 5-day pattern
AUD supported and also 'capped' under the 3-week 50% level. (GREEN)
If Tuesday 'HOOK's above the Weekly 50% level (daily close above), then this will have an upwards bias into Friday.
Euro Weekly and 5-day range.
January low support and a view that price is moving towards the Weekly 50% level.
How far this week travels is important, because if it can't close above the Weekly 50% level, then there is a view that February will push downward into the lows:- double wave pattern.
5-day 50% level trend guide
