Euro Weekly and Daily
Euro caught in between the Monthly lows and the Weekly level.
Today's trading is based on whether the trend continues down (random support 12 hour lows)
or
Whether it continues up, confirmed by a break above the 5-day 50% level, which may act as random resistance for a period of time
AUD Weekly and daily
AUD looks like it continue continue higher using the December 50% level as a trend guide...
but it will need to be above the 12 hour channel highs after 11am
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT
