USD Index monthly and Wekely cycles
If you look at the monthly cycles you would think that the USD would rise...
however, the Weekly cycles doesn't support that view just yet.
Therefore in the short-term there aren't any clues whether the USD will continue higher.
Euro Weekly and Daily
Unless the Euro is above the 5-day 50% level and October 50% level, to help make a case for a move higher...
the current price action suggests a potential move towards Wednesday's lows.
AUD Weekly and Daily
Whilst the AUD has a case of heading upwards using the 5-day 50% level as support
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT
