Euro Weekly and Daily range
The euro could find some support at the Weekly level @ 1.4035
but based on the levels on Friday, likely to continue down into Friday's lows, using the 11am levels as resistance.
Possible move as low as the August lows by next week
AUD Weekly and Daily
Whilst below the August lows, the trend bias is down.
11am levels are the trend guides
with random support friday's lows.
if price is above the Monthly lows @ 1.0488 during the 2nd 12 hour pattern, then the trend could move as high as the Weekly lows, which are seen as resistance @ 1.0590
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT
