USD Index3-Quarterly 50% level Support and at this stage there is an expectation that price is heading towards the March highs and continue into the April highs.
For a move to continue towards the April highs often price will move towards the 3-Week lows as it comes towards the end of current month & Quarter and then test support and then push higher into April as the next Quarter starts.
Euro Monthly and Weekly
I still believe that price will move lower into April but during March price can be choppy, with the most robust set-up aligning with the 3-Week highs in March for the next move down.
Last Week I started with the view that price would sell off in the first 2-days, next week I don't have that view other than using the 50% levels as a trend guide 1.3632.
Daily report out at 11am Monday
GBP monthly and Weekly
Bearish and trend guide 1.5242
AUD Monthly and Weekly
Monthly patterns suggest higher moves that will need to see a breakout of the Weekly highs to continue.
However, Friday failed to breakout of the 5-day highs, so I would look at next week as a 2-day reversal pattern from the Weekly highs back into the 50% levels.
