Euro Weekly and Daily
The Euro looks range bound on monday between the Weekly levels.
If below the white 12 hour channes then it's moving down into 1.3304
if above the 5-day 50% level @ 1.3401
then it's up into the Wekely 50% level (random resistance)
AUD Weekly and Daily
Weekly level is the trend guide @ 1.0260
This will determine whether the AUD will follow the double Weekly high pattern into 1.0411
Or whether it moves down into the December 50% level (random support)
Weekly 50% level Support
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT