Euro Weekly and Daily range
Thursday remains below Wednesday's breakout, but above the Weekly 50% level.
Looking at the price action, my view is that the first 12 hour will try and move upwards, but likely to remains within the 11am levels
If Friday is going to continue back towards thee July 50% level, then it's morel likely in the 2nd 12 hour range.
AUD Weekly and Daily
If the trend is going to continue upwards, then the ideal pattern is the move down into the 11am levels, which also aligns with the Weekly level @ 1.0738...
Random resistance Friday's and the Weekly highs
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT
