Euro Weekly and Daily range
Weekly 50% level and the 5-day 50% levels are the trend guides for this week.
1.2742
As long as price is above the brown filter in the daily range the trend bias is up, with random resistance around 1.2764 in the first part of the day
AUD Weekly and 5-day pattern
AUD coming into resistance levels around 93.13
Yellow filter the trend guide @ 93.15
There is still the possibility that the AUD is following a 2-month wave pattern upwards after finding support @ the August 50% levels, and the September highs is the first month @ 93.13
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT