US Dollar Index
I'm bullish on the USD, and the Question remains...
is friday going to continue to trend towards higher highs
or is it going to remain flat and close in the middle of the 5-day range.
Euro Weekly and DailyBased on the levels in the firsy 12 hours, it's likely to close in the middle of the range.
That might change after 11pm and continue lower..
There isn't ideal pattern to trade longs during the first 12 hours.
Random support 1.42250 (focus on 41 pip ranges & 4 hour patterns)
AUD Weekly and Daily range
AUD looks like it wants to go higher during the first 12 hours, using 11am support and the Weekly level, after yesterday testing the June 50% level and finding support
however, I'm not sure the trend move move higher than the 12 hour channel highs (blue)
Support 1.05150-250
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT
