USD IndexI was expecting more upside this week on the USD Index but it continues to remain below key weekly levels.
Currently above the 5-day 50% level, but there aren't any high probability set-ups to think Friday is going to go higher
Euro Weekly and 5-day pattern
I'm bearish on the Euro, but there aren't any high probabilty set-ups to think the Euro is going to go down on Friday....
Especially with the Weekly 50% level support and Thursday's support from 1.2284/p>
AUD Weekly and 5-day pattern
AUD continues to trading above the June 50% level and Thursday's 5-day low support.
Random support:- friday's lows.
If price moves down into Friday's lows and finds support, this should help the AUD move upwards early next week (2-days).
Random resistance :- 5-day 50% level.
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT
