21st MAY 2010, Euro, AUD, Daily


Euro Weekly and 5-day pattern.
Euro has continued towards the 5-day highs on Thursday after this week’s reversal pattern from the Weekly lows.

Two patterns to close out the Week:-

1- Continues towards Friday’s highs and the Weekly 50% level @ 1.2709

2. Or price can remain below Thursday’s highs (yellow) and consolidate on Friday around the 5-day 50% level.




AUD Weekly and 5-day pattern.

Expectation price is moving down into next week’s lows…

Yellow trend guide for Friday.

Anything above the yellow and it’s part of a late Friday swing towards next week’s 50% level.