Euro Weekly and Daily
Hard to tell what the Euro is trying to do, as it has retested last week's low breakout, which could see the trend move back down towards the January lows once again.
However, the 11am levels could push the price up towards the Weekly level @ 1.2851 (if above the 5-day 50% level)
Note:- 12 hour channels white should be used as the trend guide
AUD Weekly and Daily
AUD continues to look like it will move towards the Weekly highs.
Trend guide Weekly level @ 1.0380
Along with the 12 hour channels
Support 5-day 50% level.
Random resistance Wednesday's highs.
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT
