3rd June 2010, Euro, AUD, Daily



Euro Weekly and 5-day pattern

With this week's price action it now looks like the euro is moving back towards the higher timeframe 50% levels by Friday, as long as price remains above the 5-day 50% level on Thursday...

Treend guide:- 1.2280




AUD Weekly and 5-day pattern

I was bearish on the AUD this week, but with yesterday's swing back above the 5-day 50% level price now looks like it's going upwards.

As long as price remains above .8420