5th November 2010 , Euro AUD, Daily

Euro Weekly and 5-day pattern

Based on current price action I would think the euro would continue higher and move into November's highs. (Friday's highs)

Trend guide in the first 12 hours is 1.4233

support:- 1.4137 



AUD Weekly and 5-day pattern

AUD completes the move into November highs.

I would think over the next 12 hours that the market will stall and
consolidate whilst below 1.0174.

don't be surprised to see AUD continue up into Friday's highs, during US timezone

However, in the short-term (next Week) I'd be looking for patterns in the
daily range to retest this week's breakout @ 1.0006