29th MARCH 2010 Euro AUD Daily



Euro Weekly and 5-day pattern


Friday's reversal and back into the 3-week 50% level, should continue down as part of the trend during this Quarter and into the next.

Short-term price would need to be trading below 1.3404 to confirm a continuation of the trend.



AUD Weekly and 5-day pattern

As per Weekly report, the most robust pattern to trade longs would be from April using the 3-month 50% level.

At this stage I would focus on the levels in the 5-day range & Weekly 50% levels and look for Short-term moves of 41-85 pips until next week.