16th July USD, EUR, AUD Weekly

USD Index

USD Index could continue to remain in a large sideways pattern for a number of weeks within the levels of the Quarterly range.

in the short-term, the trend bias is based on the Weekly 50% level.... and an each way bet on which direction it will take early next week:- Weekly lows or Weekly highs?

Euro Monthly and Weekly cycles

Looking at the levels in the monthly timeframe, I would think the Euro will try and rise upwards next week...

with trailing support using the weekly level @ 1.4057

AUD Monthly & Weekly cycles

Weekly 50% level is the trend guide early next week...

And looking at the price action in the Monthly cycles, it currently favours a move down towards the 3rd quarter support levels