Euro Weekly and Daily cycles
Breakout of the Weekly highs can see the trend continue up towards the single monthly highs @ 1.35170
Random resistance Tuesday's highs.
Trailing support:- 12 hour 50% , which aligns with Monday's highs.
AUD Weekly and Daily cycles
Even though my view is that the AUD is rising up towards 1.12...
There aren't any ideal long set-ups to because of the higher timeframe cycles & 50% levels....
Weekly 50% level is the trend guide
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT
