USD Index
Should continue towards March and Aprill highs,
Whilst the Euro and GBP goes lower
Euro Monthly and WeeklyTrend should continue down;- Weekly 50% level and 1.3632 trend guide
GBP Monthly and WeeklyShould follow the trend down into the Quarterly lows (Yellow).
However, based on the 3-week 50% level GBP could have a short-term counter-trend move some time next week back into the 3-week highs.
If that happens, those weekly highs will set-up the next leg down.
AUD monthly and Weekly
Market dynamics is different with an upwards bias.
Either the Weekly 50% level supports price for a move towards the Weekly highs...
Or the next 2-weeks consolidates until the 2nd Quarter, with a retest of the 3-week lows and 3-month 50% levels.
All movements within the larger timeframe levels will be optimised with set-ups within the 5-day range.
Daily reports out on Monday
