Euro Weekly and 5-day pattern
to verify weakness there needs to be a breakout of the lows, and then 1.3892-95 becomes resistance.
At this stage I continue to view the Euro as going down, whilst price remains trading around the October highs.
Trend guide;- 1.3996
AUD Weekly and 5-day pattern
AUD continues to form resistance around .9979.
If the AUD is going to show any sign of more weakness price will need to be trading below .9889 and moving below the 5-day 50% level on Tuesday
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT
