Euro Weekly and Daily range
The euro has stalled at the Yearly highs @ 1.4631, and is currently trading below the Weekly high
Random support @ 1.4530...
it's too early to tell whether the Euro will make a move towards the highs on Friday...
or break random support and continue back down towards the 5-day 50% level & 1.4428
AUD Weekly and 5-day range
AUD is now trading between the upper weekly levels @ 1.0612 & 1.0870
As seen in the S&P 500, the AUD could remain range bound between these levels over the next few weeks, (Read Weekly tomorrow's weekly report)
Today:-
Support @ 1.0714
this will either push the AUD towards Friday's highs
or
fail and drop back down into 1.0612-20
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT
