Euro Weekly and daily range
This week's trading is simply trying to define whether the 3-year 50% level continues to resist the trend from rising, and it's push back down towards the MARCH 50% levels & support.
or whether price moves up towards the Weekly highs.
Weekly level is the trend guide for this week @ 1.3759.
The daily pattern at 11am and the brown filter will define the short-term trend guide, on whether Monday moves upwards...
or continues to move back down towards lower intra-day support levels, as shown (blue channels).
no probability in which direction Monday will go.
AUD Weekly and Daily range.
There isn't a high prbability set-up for Monday...
Random support around the channel lows @ 11am :- 1.0121 ( 41 pips)
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT
