Euro Weekly and Daily range
first 4 hours has moved up into resistance levels @ 1.3533.
This can set-up Wednesday moving back down, as per morning report.
Don't trade shorts above 1.3545 after 7pm, as the set-up is likely to fail and Wednesday could actually swing back towards the Weekly 50% level.
Current expectation is further weakness, based on the higher timeframe patterns.
AUD Weekly and Daily rangeMy view was that the AUD would hit .9978/85 and continue down towards Wednesday's lows.
Instead there is a 4-hour close above the intra-day level @ .9985 @ 3pm
This could see more upside during the first 12 hours, however it could also simply be a retest of the Weekly 50% level @ 1.0016.
not a high probability set-up to trade longs, but .9985 is now the trend guide
