Euro Weekly and Daily range
Euro moving up towards the Weekly and Daily highs on Friday:- random resistance.
Any resistance is only seen as short-term, with the weekly level @ 1.3766 providing support on Friday.
However, if it does stall, then we once again look for a 2-day reversal next week towards the Weekly 50% level
Note:- there is a larger trend pattern that's rising up from the February 50% level that's moving towards the MARCH highs.
Therefore, the highs are Friday have less probability of stalling the trend.
AUD Weekly and Daily range.12 hour trend guides pushing the AUD higher, with the 2nd providing the move above the weekly 50% level @ 1.0053
My expectation is that the trend is moving higher on Friday, using the support levels from 11am.
Note:- Friday's highs are seen as random resistance, with an overall target the Weekly highs
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT
