Euro Monthly Weekly cycles
previous monthly cycle pattern didn't eventuate, as this week continued higher and is moving towards the 1st Quarter 50% level.
The Quarterly 50% level and next week's highs is seen as a resistance level, for a retest of this week's breakout
AUD Monthly and Weekly cycles
Trend bias is to continue up to the Yearly highs @ 1,12...
Expectation that it's following the March cycle and continuing up towards the highs, with the best set-up being the Weekly lows as support.
However, if above the Weekly 50% level the trend bias is to move upwards in the last week of February