USD Primary and monthly cycles
USD looks to be following the 3rd Quarterly pattern towards the 3rd Quarterly lows in September @ 72 to 71.998
however, the Yearly lows continues to support the trend from dropping
Euro Monthly and Weekly
Trend bias is up, however it needs to breakout of the Weekly highs...
otherwise the next 5-days could be more of the same (Choppy)
AUD Monthly and Weekly cycles
Trend guide is next week's level @ 1.0571.
it's either going to drop back towards the Weekly 50% level, but my hunch is that it will continue towards the Weekly highs.
The next 5-days of trading will define whether the week after next continues down into the September lows using the September 50% level as the trend guide
or the lower step formation of the September 50% level forms support & sends the AUD upwards.
