or it keeps rising for the next 3-days.
Euro Weekly and Daily
If the Euro is going to rise then the most logical level will be from 11am (or Monday's 5-day lows)....
but it needs to be trading above the Weekly and monthly 50% levels 1.4363/68
first target will be the 5-day 50% level during the first 12 hours
don' hold longs below the 5-day lows
AUD Weekly and 5-day range
There is a 5-day break out of Friday which should push down into Monday's lows....
Once it reaches Monday's lows, or the Weekly level @ 1.0501....
Then we should look to see if currencies are going to rise, or continue to fall
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT