Euro Weekly and Daily cycles
Hard to tell whether there will be more gains on Thursday because of the Weekly 50% level could act as resistance.
12 hour 50% levels will be the trend giude on whether Thursday continues toward the daily highs or not
AUD Weekly and daily cycles
The same with the AUD...
Hard to tell whether it will breakout of the Weekly and daily highs on Thursday, even though I have an expectation that the AUD is moving towards the January highs @ 1.07+
Trend guide and support 12 hour channels (white)
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT
