16th July, Euro, AUD, Daily

Euro Weekly and 5-day pattern

Trend bias is to continue towards the Weekly highs, however because there is a breakout of last week's highs I would like to see price come down early this week and retest the breakout @ 1.2790

Random resistance @ 1.2971

Trend guide 1.2908

AUD Weekly and 5-day pattern

July 50% level support @ 86.25

Trend guide @ 86.74.

Because there is a breakout of Friday's lows, I would look for the market to continue down into Monday's lows and test Support.

Above .8674 and look for the swing back towards the 5-day 50% level:- resistance