19 FEB 2010 AUD, Euro Daily

AUD Weekly and 5-day pattern

Early support around the 50% level but a late sell-off has seen the AUD continue down towards the White channel.

This level is seen as support, but it also needs to be verified with next week's open with the AUD is going to continue higher in late February.

Euro Monthly, Weekly and Daily


Thursday's 5-day 50% level set up another push down into the Weekly lows...

As per Monthly chart, February's lows are seen robust support, but it will need to be filtered with lesser timeframes







  • 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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