12th MARCH 2010 Euro AUD Daily


Euro Weekly and 5-day pattern

no probability pattern on Friday...

Price can remain range bound within the levels:- weekly and 5-day

There is a possibility that the closer the it comes to the end of this Quarter, price can begin to move higher and go looking for the 3-month 50% level at the start of April.

If that happens then that would provide a robust set-up for a continuation down in the 2nd Quarter.


AUD Weekly and 5-day pattern

If the AUD is going to follow the Weekly high breakout and continue higher on friday....

Then it should remain above the Yellow filter and continue towards Friday's highs and even breakout.

  • 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




  •