23rd April 2010, Euro, AUD, Daily



Euro Weekly and 5-day pattern

euro completing the break and extend pattern from January's lows into April's lows.

There is a breakout of Thursday's lows:- resistance Yellow filter and Weekly lows.

And probably extend down into Friday's lows.

Weekly report out tomorrow


AUD Weekly and 5-day pattern

AUD consolidating above support levels...

At this stage I'm trying to work out which direction the weekly range will close....

Higher:- it will need to see price trading above Yellow.

Lower, it would need to break the 3-day lows.

In the middle of the 5-day range:- range between the 3-day lows (blue) and Yellow filter.

no probability in which direction