Euro Weekly and Daily cycles
12 hour support without hitting the Weekly levels (support), and now the Euro looks like it's moving up towards the Weekly highs by Friday
if for some reason selling takes place on Thursday, then the Weekly levels continue to remain as support
AUD Weekly and Daily cycles
As noted in yesterday's report, the view is that the AUD is moving up into the Weekly & monthly highs @ 1.0831, probably today
5-day 50% level and 12 hour channel support @ 1.0721
and then continue up towards 1.09740 by Friday, as shown in the weekly report (monthly cycles)
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT
