Euro Weekly and Daily
5-day 50% level, along with the Weekly level @ 1.3380 as support...
first target the Weekly 50% level...(Thursday's highs Random resistance)..
Don't short-trade above that, as price could continue towards the December 50% level and as high as the Weekly highs by Friday's close.
AUD Weekly and Daily
AUD has hit the November 50% level and Weekly highs, which can act as resistance.
There is a possible move towards Thursday's highs (resistance)...
but there is also a possible move back down towards the December 50% level (support)
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT
