Euro Weekly and Daily cycles
Euro didn't continue up on Tuesday, as part of Monday's breakout pattern.
The euro is currently being supported above the August 50% level, and today's trading is based on whether Wednesday continues upwards
or it fails and moves into another choppy daily range
Trend guide 11am levels
AUD Weekly and Daily range
August lows resisting the AUD from moving upwards...
However, Wednesday can continue upwards as part of a 3rd day up move...
11am trend guide
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT