Euro Weekly and 5-day patternWith Thursday's reversal and break of the Yellow filter, then Friday has a random pattern that could see a continuation of a counter-trend move back towards the 3-day highs (blue channels).
It could also see the 5-day 50% level stall the market and send the euro back down into Friday's lows and Weekly lows.
Trend guide on Friday is the Yellow filter...
At this stage I favour a move towards 3-day highs
AUD Weekly and 5-day patternRetest of Tuesday's breakout and higher daily close it most likely going to continue towards a higher Friday close towards the April highs.
Friday's highs:- random resistance:- 41 pips
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT
