Euro Weekly and Daily cycles
Euro to continue down into the Weekly levels and Thursday's lows:- Random support
Weekly 50% level resistance
AUD Weekly and Daily cycles
my view is down, but the Weekly 50% level is the trend guide, and may continue support this week's trend.
11am highs matches Thursday's highs:- resistance
Trend guide 5-day 50% level
Random support 11am levels.
Will need to breakout of Thursday's lows and Weekly 50% level becomes resistance to get more selling into the Aussie dollar
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT