Euro Weekly and Daily range.
As per yesterday's report (part 2)...
11pm breakout and continuation of the trend should see price move towards the highs on Wednesday, and then the Weekly highs by Friday...
as long as it remains above the July 50% level, which is now the support level @ 1.4462
AUD Weekly and Daily range
The trend in the AUD should continue to move towards the highs in July, and then up into the highs in August.
There wasn't a retest of the 5-day high breakout yesterday, and that might happen during the first 12 hours...
Support levels are the Weekly highs @ 1.0923 and as low as the 11am and 5-day highs @ 1.0899.
Wednesday's 5-day highs :- random resistance
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT
