Euro Weekly and 5-day range
The continuation of the Euro moving towards the Weekly highs and the January 50% level is determined by the weekly level @ 1.3375.
trend guide on Tuesday is based on the brown filter: random support
AUD weekly and 5-day pattern
the same applies on the AUD, if the trend is going to continue towards the highs, then the drop in the brown filter would provide an ideal trend guide @ 11am.
if above the trend bias is towards the Weekly and January highs.
if below, the trend bias is to move down into the Weekly level @ 1.0117.
Note: Weekly 50% level matches the January 50% level @ 1.0007
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT
