AUD Weekly and Daily
Wednesday's fake breakout didn't lead to more weakness.
AUD is currently caught in between the monthly 50% & Weekly 50% levels.
December 50% level is now the trend guide on whether the AUD continues towards Friday's highs
or remains within the 12 hour channels.
Trend guide December 50% level and 12 hour channel highs (white)
Euro Weekly and Daily
no probability which direction Friday will take...
simply trade on the side of the December low @ 1.3039 and also the
5-day 50% level and 12 hour channel lows (white)
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT