17th March AUD, Euro Daily 2010



AUD Weekly and 5-day range...


Early resistance around the Yellow filter:41 pips and then a continuation up towards the Weekly highs.

Yello filter and Tuesday's 5-day highs is the trend guide on any higher moves this week

No probability pattern on Wednesday.



Euro Weekly and 5-day pattern


Expected continuation of the downtrend didn't eventuate, and whilst price is above 1.3702 the bias is to follow the mov towards the Weekly highs and mostly likely rotate back towards the April 3-month 50% level.

No probability pattern on Wednesday:- resistance 5-day highs

Support:- Yellow


  • 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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