Euro Weekly & Daily
There is a breakout of the Monthly lows in MAY and also the Weekly lows
Next week there is an expectation that price is going to continue down into the weekly lows, however there is a possibility that next week could start with a counter-trend move back towards the Weekly 50 level:- 2-3 day counter-trend move.
After that move then another move down towards the Weekly lows.
AUD weekly and 5-day pattern.
The bias is to continue down into the MAY lows and Weekly lows, using the Weekly 50% level as resistance
Above the 5-day 50% level on Monday and next week is moving into a short-term that could swing back towards the MAY 50% level, and then continue down into the MAY lows by the end of the week.
Daily reports out on Monday
