USD monthly and Weekly cycles
October lows random support, and it could continue to dip down into the November lows.
There is a section in my new book that talks about these monthly reversal patterns that occur after break and extend patterns in the Quarterly cycles.
Trend won't often resume an upward move until the following month.
That new month kicks in next week, therefore traders need to keep an eye on a potential reversal pattern in the USD once it's moves above the monthly 50% level.
Euro Monthly and Weekly cycles
Break and extend pattern in the Weekly cycles should continue up into next week's highs, and then reverse back down into the this week's high, as part of retesting the breakout.
AUD Monthly and Weekly cycles
Same applies on the Aussie Dollar
