USD Index Monthly and Weekly
looking at the current price action in the USD, it looks like it will swing upwards and move back towards the April 50% level in the last week of the month.
Euro monthly and Weekly
If USD Index swings upwards, then there is a potential move lower in the Euro.
However, there is a Friday 5-day low pattern, which suggests a 2-day rise upwards (Weekly 50% level).
if that happens and it struggles to rise higher than the Weekly level @ 1.4150, then from Wednesday onwards we should look for further weakness until the end of next week.
AUD Monthly and Weekly
Current price action suggests that the AUD will continue towards 1.035.......
As long as it remains above the Weekly level @ 1.0232.
Note:- AUD has stalled at the Friday 5-day high , therefore there is the potential that next week begins with a 2-day reversal pattern/ stall
