AUD Weekly and 5-day pattern
No probability pattern to be trading longs on Friday....
At this stage AUD looks like it moving into a tight 5-day pattern to close out the Week, as the Weekly timeframe remains in MAY.
Euro Weekly and 5-day pattern
As the USD index continues to rise, and this puts pressure on the Euro.
5-day 50% level is the trend guide @ 1.2212
If above then treat Friday as an UP day towards the highs.
Hard to be trading shorts on the Euro other than a minor 41 pip reversal (4 hour) at the 5-day 50% level.
Note:- Yellow filter matches the 5-day 50% level
