AUD Weekly and Daily cycles
looks to be moving down into the Weekly lows....
however, there could be some random support around the white 12 hour channel lows (random resistance the 50% levels
Euro Weekly and Daily
Weekly level is the trend guide....
My hunch is that the Euro will remain within the white channels in the first 12 hour range...
but not sure what will happen during the 2nd 12 hours
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT