Euro Weekly and daily range
Trend guide is based on the Weekly level, but also the expectation that there is a 5-day high pattern on Friday that could continue lower for the first 2-days.
therefore today's trend guide and random resistance is based on 1.4321.
AUD Weekly and Daily range
AUD looks to be moving down towards the Weekly level @ 1.0302.
As long as it's below the brown filter during the 1st 12 hour period the trend should continue down....
With random support @ 1.0333.
If the AUD is below that level, and also below 1.0302, then we should treat the trend as moving back down towards the Weekly 50% level and also the April 50% level @ 1.0114
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT