Euro Monthly and Weekly cycles
The euro couldn't breakout on the upside during this 5-day cycle...
and based on this price action, my view is that the Euro will be pushed downward once again.
The Weekly levels will come into play next week.
trend guide February 50% level
AUD Weekly cycles
My view is that the AUD has reached a 1st quarter top (February highs)
and will begin to unwind towards the Weekly lows.
how quickly it moves down depends on next week's 50% level, as price could
revisit the upper weeky level @ 1.0792.
Overall target remains 1.12 for this year, but a move downward before another
move upwards coming into the 2nd Quarter would be an ideal pattern (text-book)
