Euro Weekly and 5-day range
Euro has reached the January lows, and this is our trend guide on whether there's a 2-day reversal back towards the Weekly level @ 1.3013
trend guide is based on the brown filter....
if Monday is going to continue upwards then we need to look at a possible next 12 hour support pattern using the white channels...
or 2nd support using the blue channels from 11pm onwards.
below January's lows continues the bear trend
AUD Weekly and 5-day range
brown filter @ 9958 on monday from 11am will determine whether AUD continues up towards the 5-day 50% level and January's 50% level @ 1.0005/7
or price dips down into the Weekly level @ .9901.
once again we look for 2nd support from 11pm onwards using the blue channel lows
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT
