14th Sept 2010 ,USD, Euro AUD, Daily


Euro weekly and 5-day pattern

Expectation the Euro would continue higher has played out, but is now trading around the weekly highs.

There are conflicting patterns...

Weekly highs resistance

or a 5-day high breakout can continue to trend up towards Tuesday's highs.

Trend guide 1.2873


AUD Weekly and 5-day pattern

Has already completed the 2-week extend move with Monday's highs.

I would begin to look for a short-term pullback towards the 3-day lows.

.9313 is the trend guide