USD Monthly and Weekly cycles
If we subscribe to repeating patterns in all markets, then the USD should continue to move up towards the November highs over the next 2 weeks (Weekly highs breakout)
Whilst currencies drop
Euro Monthly and Weekly
Currently looks bearish, and if it follows weakness then Traders should focus on shorting short-term bounces, than trying to buy dynamic daily lows over the next 5-10 days
AUD Monthly and Weekly
Note as bearish as the Euro....
As the AUD could push upwards using the Weekly 50% level as a trend guide.
However, keep an eye on any form of weakness within the 12 hour ranges.
