1 MARCH 2010 USD AUD, Euro Daily

AUD Weekly and 5-day pattern

As per Weekly report, I'm not bullish on the AUD, but if it's above the March 50% level then the bias is UP...

Trend guide the 50% level @ 89.63 and the 5-day 50% level.

Euro Weekly and 5-day pattern.

I can't be bullish on the Euro based on the current price action, and also Friday's high pattern.

Based on this price action I would look at Monday and Tuesday moving down towards the 5-day lows.

Trend guide the Yellow filter on Monday







  • 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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