Euro Weekly and Daily range
This week's trading is based on whether the trend will continue upwards on speculation that the Euro zone will lift rates....
or in the short-term, the euro reverses down (2-days).
Trend guide is based on the Weekly level @ 1.4221, but the trend will be based on Monday's level @ 1.4213
AUD Weekly and Daily range
Same applies in the AUD....
continues towards the April highs @ 1.0434 and beyond ($1.06 YeaRLY HIGHS)
or it reverses down towards the Weekly level @ 1.032
trend guide based on Monday's level @ 1.0386
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT