Euro Weekly and 5-day patternEuro remains weak and heading lower, as per weekly report.
Random support/trend guide 1.3089
no ideal set-up in the daily range.
Whilst below the brown filter the trend bias is to continue down into Tuesday's lows
AUD Weekly and 5-day pattern
I continue to be bullish on the AUD for the rest of December.
My ideal set-up on Monday was to test 2nd support (blue channel) in the following 12 hours, but that didn't play out as the up move began earlier.
As this stage the trend bias and support is based on the white levels @ 9915 then 9923
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT
