USD index Primary and Monthly cycles
US dollar looks to be heading back down into the Quarterly lows once again, after the 3rd Quarterly rejection from the 50% level.
This has resulted on currencies breaking out of their 5-days highs during the first 12 hours.
Euro and AUD 5-day pattern
both currencies have broken the 5-days highs...
if the trend is going to continue to move higher;- break and extend pattern into next daily highs...
then the ideal pattern would be for both currencies to retest the 5-day high during the 2nd 12 hour pattern, and should form support, and then continue outward by tomorrow...
and possibly longer:-
Primary target on the AUD is the August highs and 1.17
