4 FEB 2010 USD AUD, Euro Daily

USD Index

Following the trend higher in February.... whilst currencies now continues down towards February's lows.
AUD Weekly and 5-day pattern

At this stage the bias is to continue down, but based on the levels in AUD, it's hard to see too much more downside unless there's a breakout of Thursday's lows...

Euro Weekly and 5-day and R84

2-day counter-trend and I thought with Wednesday's initial UP move from the 5-day 50% level that price would have reached the highs...


3rd day sell off should continue down towards the Weekly lows






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