Euro Weekly and Daily range
Trend bias is to continue down into the Weekly lows (random support Tuesday's lows).
it's too early to tell whether the Weekly lows will form a double bottom,and then another potential swing upwards later in the week, and back towards the October 50% level (unknown as yet)
AUD Weekly and daily cycles
Weekly lows could form a double bottom....
However, there's an expectation that price is following the September low pattern.
Random support Tuesday's lows, as part of Monday's break and extend pattern
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT
