Euro Weekly and Daily
Weekly level is currently supporting the trend...
but using the 5-day 50% level, there is an expectation that could see price move down into Friday's lows, which are seen as random support)
AUD Weekly and Daily cycles
December 50% level @ 1.0135 could support the AUD....
however, it could also follow the Thursday break and extend pattern towards friday's lows (Support).
Trend guide the 12 hour channels (white)
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT