Euro Weekly and Daily
Weekly and Daily highs random resistance.
if the Euro is going to follow a 5-day trending pattern and breakout of those highs, then it should rise up from 11am support, matched with the February 50% level.
AUD Weekly and Daily cycles
AUD has reached its February highs, completing its 2-month wave pattern.
the first sign that a 1st Quarter top is in place will be price trading below 11am support
Overall target remains 1.12, but I prefer a move down before it continues higher in the 2nd Quarter.
trend guide 11am upper channels
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT
