28 DEC2010, EUR, AUD, Daily

Euro Weekly and 5-day pattern

Quick turn around with the euro back above the weekly level, and with a trend bias to swing back towards the Weekly 50% level.

however, for the first 12 hours my view is for the Euro to remain range bound between the trailing support levels (brown filter) and Tuesday's highs


AUD Weekly and 5-day pattern

Trend bias is to continue towards the Weekly and December highs.

I would use the brown filter as a trend guide on Tuesday



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