USD Primary and Weekly cycles
Interesting pattern in the USD Index, as there's two patterns that can play out...
#1) Weekly highs and September 50% level sends the USD lower
#2) Breakout in the last mont of the Quarter and it continues back towards the 3-Quarter 50% level, and then continues upwards using the 4th quarter 50% level.
Which one?
I choose #1 simply because that's what we are faced with at this stage... but it won't surprise me to see #2 play out either
Euro Monthly and Weekly
current trend is below the monthly 50% levels, with a bias to follow this week's lows @ 1.41290... (Random support)
AUD monthly and Weekly cycles
looks like price will come down and test the September 50% level, which is seen as support
