Euro Weekly and Daily range
I was looking for weakness on Tuesday based on Monday’s 5-day breakout (#1 & #2), but instead it has continued up….
Trend guide on Wednesday is the 5-day 50% level and upper weekly channel @ 1.4358
Random resistance @ 1.4413
if above 1.4413, then look for a push up towards the weekly highs, during the 2nd 12 hours,.
AUD Weekly and Daily range
Early weakness from the 5-day 50% level on Tuesday, but a failure to complete the R84 pip lows and matching support @ 1.0437..
Trend guide is now the upper weekly level @ 1.0536.
Along with the levels in the daily range…
Note;- still looking for the Yearly highs @ 1.0612 to be reached
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT
