USD Monthly and Weekly
Last week's view was that there was a potential up swing early in the week and back into the Weekly 50% level.
Current expectation is that the USD is moving down in the MARCH lows next week.
Once it get to those lows, I'm not sure whether it will continue down, or once again find some support until the start of the 2nd Quarter in April
Euro monthly and Weekly
Last week's view was that the Euro would move back down in the first 2-days and retest the breakout.
That played out, but then Thursday continued lower, until Friday's late reversal upwards.
Next week's expectation is to continue upwards....
However, any strength in the euro will be determined by the upper Weekly level @ 1.3954, as the trend continues towards 1.4086
AUD Weekly and daily rangeThere has been MARCH 50% level support, and now there's a bias to continue towards the MARCH highs @ 1.03.
However, we once again have the upper Weekly levels, that continually stall the trend.
There's a Friday low pattern, which once again suggests the first 2-days will rise upwards
.
What I notice is that, Friday's rally has put price above the intraday channel highs (white)
Those highs have been stalling the price from rising during the day
Therefore next week's level at 1.01 is the trend guide and support.
As long as price remains above the Weekly 50% level
