Euro Weekly and Daily
Double weekly low pattern has played out after last week's price action:- rejection down from the weekly 50% level
My view is that the Euro will try and rotate upwards and move back towards the new monthly 50% level;- first target next week's 50% level....
but at this stage there's nothing in the 5-day range that validates that view.
There is a possible continuation down into the Yearly 50% level @ 1.3280....
AUD Weekly and Daily range.
random support Friday's lows.....
As part of a possible move towards the Yearly 50% level @ .9518.
Friday's resistance @ 9985
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT
