Euro Weekly and Daily cycles
Monday has retested the previous Wekely high, without moving as low as the Weekly level @ 1.3026.
my view is that price will try and move upwards on Tuesday, during the first 12 hours....
as long as it's above 12 hour channels and 50% level.
if not:- random support the Weekly level
AUD Weekly and Daily cycles
My view is that the Aussie Dollar will move higher, as part of the breakout pattern towards this week's highs.
12 hour levels are seen as Support and the trend guide
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT
