Euro Weekly and Daily
The euro has continued down, and likely to move down into Thursday's lows.
However, i'm not sure it will continue down into the Weekly lows.
From Friday onwards we begin to look for a stablising pattern in the 12 hour ranges for a potential rise upwards next week, as price goes back to the September lows/ October 50% level
Note;- overall potential is for the euro to retest the Yearly 50% level @ 1.3280
AUD Weekly and Daily range
Moving down into the September lows and Thursday's lows.
Those levels are seen as support, but won't be confirmed until a following 12 hour pattern....
for a potential last week rise towards the Monthly 50% levels in October ;- short-term Weekly 50% level.
Note;- potential reversal pattern is towards the Yearly 50% level @ .9518
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT
