Euro Weekly and Daily
There was Friday support that could lead with a 2-day up move at the start of this week and towards the Weekly 50% level
for that to happen it will need to be trading above the 11am levels.
however, those 11am levels could form resistance during the first 12 hours....
Monday Random support
AUD Weekly and Daily
As noted in the Weekly report, the trend bias is up...
however, we should also see if there will be any pre-emptive sell patterns that could lead to a 2nd week down move.
if there is going to be weakness in the AUD, then it will remain below the 11am levels, and break Monday's support levels @ 1.0690
otherwise it will move back towards the highs
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT
