Euro Weekly and 5-day pattern
euro continues down on Tuesday and most likely to continue down this week into the Weekly lows and March lows.
Yesterday started with an early push down and a 4 hour close below the Yellow filter and another sell down of 4 hours. The rest of the day remained in a downward consolidating pattern.
Random support on Wednesday's lows in a downward trend.
Resistance:- 5-day 50% levels.
AUD Weekly and 5-day pattern
Currently looks range bound within the 5-day pattern and consolidating:- 41 & 85 pips ranges
no trade set-ups of Wednesday.
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT
