16th April 2010, Euro, AUD, Daily

Euro Weekly and 5-day pattern

3-day low support:- 5-day 50% level support could see a higher Friday close back towards April's 50%...

It could also set-up a Friday sell-off and break of support.

Simply use the 5-day 50% level and Yellow filter.

At this stage the patterns suggest UP, however the larger trends in the market can override the patterns and send the Euro Lower.

My Hunch at the moment is Down


AUD Weekly and 5-day


No probability pattern:- trade on the side of the 5-day 50% levels





  • All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT


  • Exact levels shown for current day aren't confirmed until midnight GMT




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