Euro Weekly and Daily
Euro didn't reach the Weekly highs, but it looks like it's in the process of moving down and retesting last week's breakout.
However, there is random support in the first 12 hours that could push price back up into the brown filter and channel highs, which is seen as resistance.
AUD Weekly and Daily
As noted in the Weekly report, either the trend was going to continue down, or it's a fake break and the market consolidates within the weekly levels until April.
At this point it is a fake break:- random resistance the Weeky highs.
I would focus on trying to take small range increments of 41 pips
each 12 hour range, which occassionally could lead into 85 pips by the end
of the day until April begins.
Trend guide & support @ 1.0082, but below the brown
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT
