10th MAY 2010 Euro, AUD Daily



Euro Weekly and 5-day pattern

Swing back into the MAY lows, and now trading above the Weekly 50% levels.

There is random resistance around the MAY lows, however whilst above the Yellow filter there is a view that the Euro is moving into a 2-day up swing towards the 5-day highs on Monday/Tuesday





AUD Weekly and 5-day pattern

Random resistance the MAY 50% level, but whilst price is above both the Weekly 50% level and the yellow filter, the AUD can continue to move towards the 5-day highs.

Yellow filter trend guide.