Euro Weekly and daily range
Monday breakout should extend down into Tuesday's lows...
Any further weakness will need to breakout of the Weekly lows
trend guide brown filter
If the euro moves upwards, then random resistance the 5-day 50% level and Weekly 50% level
AUD Weekly and Daily range
Based on Monday's trading and Tuesday being below the 5-day 50% level....
The trend bias is down towards Tuesday's lows...
Breakout of Tueaday's lows in the 2nd 12 hour and below the Wekely 50% level, will see more weakness towards the April 50% level
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT
