Euro Weekly and 5-day pattern
Monday's resistance and Tuesday opening around the 5-day 50% level, I would treat Tuesday simply by trading on the side of the Weekly and 5-day 50% level @ 1.3631.
I would favour a downward bias of 41-85 pips. (because of the Yellow filter) and overall trend of the market.
AUD Weekly and 5-day range.
Weekly high and monday high resistance will need to see price trading below the 5-day 50% level for a potential drift towards the 5-day lows and Weekly 50% levels.
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT
