17th Jan 2011 Daily, EUR & AUD



Euro Weekly and Daily range

As per Weekly report...I'm looking for this week to begin with a 2-day reversal pattern because of Friday's high.

However, that might not happen until the 2nd 12 hour, using 1.3400 as the trned guide



AUD Weekly and Daily range

After last week's price action, I'm not sure whether AUD remains trading between the monthly levels, as shown in the Weekly report below...

or the trend continue down towards the Weekly levels.

No probability pattern on Monday (first 12 hours)

Random support:- .9882