Euro Weekly and Daily cycles
Random support around the Weekly lows....
but because of Monday's breakout, there is an expectation that the trend is moving down into Tuesday's lows
Tuesday's lows random support
intra-day 50% levels random resistance levels (.41 to .84 pips)
Any further weakness as the USD dollar rises could see the Euro down into the December lows @ 1.30390
AUD Weekly and Daily cycles
12 hour channels (white) will decide whether the trend continues down into the Weekly 50% level and Tuesday's lows
Tuesday's lows random support
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT
