Euro Weekly and Daily
Weekly lows continues to support the downtrend...
11am levels will decide whether the trend continues lower...
or Friday swing back up towards the 5-day 50% level.
no probability in which direction Friday will go
AUD Weekly and Daily
Same applies on the AUD..
11am levels are seen as resistance...
but if Friday decides to move upwards, then it could happen in the 2nd 12 hour pattern.
Note;- currently trading below the Weekly lows, therefore the trend can continue to move lower
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT
