Euro Weekly and Daily range
Trend bias is to continue up towards the October highs.
This week has seen a reversal down and a retest of last week's breakout of the Weekly highs.
If price is going to move upwards then it needs to start to consolidate above the 50% level 1.3671
Random resistance @ 1.3741
below 1.3656
and downside is towards 1.3601 during the next 12 hours.
AUD Weekly and 5-day pattern.
Trend bias is to reach the Yearly and October highs.
today's rate announcement out @ 14:30 will have a bearing on whether that happens.
currently price is trading below the 5-day 50% level @ 96.82
Whilst below the trend bias is to rotate back down into support levels on Tuesday (daily lows @ 9618)
Weekly support @ .9611
