USD Yearly, Quarterly & MonthlyUSD currently supported with the view price is moving towards April's highs & 2nd quarter.
Around that level is the 3-Year 50% level that's going to act as a resistance level.
That means that currencies in the short-term should remain bearish with minor counter-trend moves until Those highs are reached and Currencies move down into their April lows.
Euro Monthly and Weekly
Should continue down whilst below the 3-week 50% level towards April's lows.
If above then it's back towards the Weekly highs and April's 3-month 50% level.
GBP monthly and Weekly
Continue to be bearish until the break and extend pattern completes in the April lows.
Resistance:- Weekly highs and April 50% level
Trend guide 3-week 50% level (green)
AUD Monthly and Weekly
Bullish on the AUD the target highs @ 98cents.
Currently in an UP trend (above 3-week 50% level towards April's highs)
However, for price to trend upwards it would be more robust if price moved down into the 3-week lows during the 2nd Quarter.
