2nd November 2010 , Euro AUD, Daily

Euro Weekly and Daily range

Trend guide @ 1,3925


if you are short I would continue to hold shorts, with the expectation the trend is moving down into the weekly lows.

However, to verify more weakness price needs to be below the 5-day 50% level 1.3885-95


AUD Weekly 5-day pattern

AUD waiting for Interest rate announcement @ 14:30