1st October 2010 , Euro AUD, Daily


Euro Weekly and 5-day pattern

First day of October and price is pushing up towards the monthly highs.

Trend guide @ 1.3660 (random)

As price can once again push the Euro down during the Asian hours.

Don;t trade longs below the 5-day 50% level @ 1.3571


AUD Weekly and 5-day pattern

Same expectation of the trend moving upwards...

However, this week continues to trade around the Weekly highs:-  resistance.

trend guide 96.83