Euro Weekly and Daily range
5-day 50% level support, and it now looks like the Euro will continue to push up towards friday's high, and the April high...
But first it needs to be trading above the weekly high, and remaining above the channel highs after 11am.
otherwise Friday can remain choppy between the weekly levels.
AUD Weekly and Daily range
AUD completes the double Weekly high pattern @ 1.0508
And i'm not sure that the AUD will venture higher in the short-term (this week)
I'd keep an eye on the 11am levels:- each way bet on direction...
as it could continue to follow the friday high pattern, or dip down towards the
March highs @ 1.0434 and lower, as it remains below the brown filter
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT
