27 MAY 2010, Euro, AUD, Daily



Euro Weekly and 5-day pattern.

Yesterday saw the Yellow filter push the Euro back down into the lows, but below the support level @ 1.2248.

Thursday starts the day below 1.2248.

Trend guide 1.2240-48.

If trading above on Thursday then Treat Thursday as an UP day towards the 5-day 50% level and could go as high as the 3-day highs @ 1.2477






AUD Weekly and 5-day pattern

Yellow trend guide for today.

Yesterday saw a rise into the 3-day highs, as per yesterday's report, and then back down into the 5-day 50% level.

Current patterns in the Weekly timeframe is either down into the Weekly lows or a swing towards the Weekly 50% level and MAY lows, but it looks like consolidating until the end of the Week.

Once again there isn't a high probability set-up for Thursday