AUD Weekly and Daily cycles
Weekly 50% level is the trend guide on Monday....
along with taking out Friday's highs or lows, with the expectation that Monday will continue to trend outward.
my hunch is down at this stage
AUD Weekly and Daily cycles
Friday high and Weeky level rejection sets up the trend to continue downward using the Weekly 50% level as a trend guide.
Daily 50% levels are the trend guides.
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT