Euro Weekly and 5-day pattern
If the Euro is going to continue higher, then it's going to rise upwards from the 5-day 50% level and Wekly level @ 1.3325-30
However, the larger timeframe 50% levels as illustrated in the Weekly report, continue to resist the trend from rising higher :- 1.3415-1.3447
AUD Weekly and 5-day patternExpectation that the AUD is continuing towards the December highs.
However, I'm not sure how much upside will occur during the next 12 hours, as the market dynamics in the Daily range and the Weekly highs doesn't provide an ideal set-up for more 'long' trades.
maybe things will change during the US timeframe zone.
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT
