Euro Weekly and 5-day patterndidn't move down into the 5-day 50% level but back above the Weekly highs.
Whilst above the Weekly highs there's an expectation that price is moving towards the April 50% level.
Yellow level the trend guide.
Support:- 3-day lows and 5-day 50% level.
High risk to be trading longs below those levels because of the large gap:- Weekly 50% level and retest of the 3-day cycle breakout from last week.
AUD Weekly and 5-day pattern
Weekly 50% level support should continue towards the Weekly and April highs by Friday.
5-day 50% level trend guide.
Don't trade longs below yesterday's 5-day 50% level.
Price will need to verify a continuation upwards with a 4 hour close above the Yellow filter.
