Euro Weekly and Daily cycles
Weekly level and Thursday's lows provided a random support pattern...
and Thursday has closed above it's Weekly 50% level, which could see Friday continue higher in the 2nd 12 hour range. (11pm)
during the 1st 12 hour range from 11am onward...
February 50% level could continue to act as resistance....
Trade the 11am levels:- could be choppy for a number of hours
AUD Weekly and Daily cycles
Weekly 50% level has supported the AUD...
and it makes it unclear how Friday will play out...
my view is that the AUD is trying to move lower:- Weekly level and Friday's highs random resistance zones
Trend guide and 4 hour patterns (random support):- 5-day 50% level (41 pips)
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT
