Euro Weekly and 5-day range
Minor Hook pattern can see a swing back towards the 3-day highs....
3-day highs:- Blue @ 1.3564.
Note:- this is not an offical HOOK bar, as the Daily hasn't closed above the 5-day 50% level
At the moment I'm treating Tuesday with an upward bias (4 hour patterns):- 1 day counter-trend move as long as it's above the Yellow:- 41 to 85 pips
However, I still continue to be bearish overall.
If it was an offical HOOK bar then the target would be the white 3-day highs @ 1.3658.
Note:- Higher daily open and weekly 50% level can still see a move down as part of the overall trend
Trend guide 1.3489
AUD Weekly and 5-day patternSame pattern as OIL last week....
This could see a swing back towards the 5-day highs by Wednesday...
However, price is still below the 5-day 50% level and Yellow filter (.9258-65)
This could result in a 4 hour resistance patterns of 41 to 85 pips until the US time zone.
Random support:- Weekly 50% levels (.9210-23)
