14th MAY 2010, Euro, AUD, Daily



Euro Weekly and 5-day pattern

Euro completing the break & extend pattern from last week into this week's lows.

Weekly lows and Friday's lows random support in a 'down trend'

Yellow trend guide.

AUD Weekly and 5-day pattern

Weekly breakout and retest of the MAY 50% level and Thursday has close below the Weekly 50% level.

I only have 1 view on Friday whilst below the 5-day 50% level and Weekly 50% level:- DOWN.

Use the Weekly 50% level as a trend guide @ 89.73