Euro Weekly and Daily cycles
my view is that the euro will continue up into the Weekly highs, and then drift back down towards last week's breakout and Weekly level @ 1.3318 - 1.3358.
A similar pattern as last week in US Index markets
AUD Weekly and Daily cycles
Trend bias is the Weekly 50% level...
if above it is moving back towards the February & Weekly highs, which could form resistance until Thursday, and then continue up into the March highs.....
and then the Yearly highs @ 1.12
if below the Weekly lows are support zones....
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT
