Euro Weekly and 5-day pattern
Whilst above the 3-week highs the Euro can continue to trend upwards into a higher Friday close towards the April 50% level.
I would have expected more buying on Wednesday if that was going to happen.
The trend guide in the Yellow filter, which matches 85 points from yesterday lows.
Random support 5-day 50% level and 3-day lows @ 1.3556.
Don’t trade longs below support.
AUD Weekly and 5-day pattern
Continuation of the trend back towards the highs using the 5-day 50% level as support.
Resistance:- April highs and Thursday’s highs.
Minor trend guide (3-day highs) 93.83.
