USD Index
USD dollar continues to rise, as it is now above the MAY 50% level and also the Weekly levels.
Trend bias is to continue up into this week's highs, which will put continued pressure on the Currencies to fall
Euro Monthly and Weekly
Trend bias is to continue down into the MAY lows, which aligns with the 3-Quarterly 50% level.
Current expectation is to continue and follow the Weekly range in an orderly manner, whilst looking for ideal set-ups to trade and hold....
or intra-day patterns within each 12 hour pattern:- 41 to 84 pips
AUD Monthly and Weekly
AUD continues to remain above support levels (MAY 50% level) which also has a 5-day low pattern on Friday.
This will normally see the AUD swing upwards for the 2-days, and back towards the Weekly 50% level
However, the only concern that could see more weakness early next week is the Weekly close below the Yearly highs @ 1.0612....
That will only be confirmed by a breakout of the weekly lows
