Euro Weekly and Daily range
Euro is back into major support levels around the weekly 50% level and the new Monthly 50% level in November.
However, there are a couple of patterns that suggest more downside...
#1) Tuesday's 5-day 50% level
#2) and the potential rise in the USD, as per Weekly report.
if above the 5-day 50% level, then the Weekly level @ 1.40100 is seen as resistance
AUD Weekly and Daily cycles
Support, that could see more gains...
or more weakness towards the Weekly 50% level and new November 50% levels.
5-day 50% level and Weekly level is the trend guide.
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT
