Euro Weekly and daily
Thursday's trend guide is simply based on whether it will continue towards Thursday's highs (& higher),
as the USD dollar collapses
or it moves back down towards the trailing support levels (50% level)
trend guide 1.4518
AUD Weekly and daily range
Same pattern in the AUD
trend guide brown filter.
Support @ 1.0610-16
Support aligns with the Yearly highs @ 1.0612....
Note:- the Weekly highs are important, as it will tell traders whether this week remains above those levels, and extends towards higher highs next week
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT