Euro Weekly and Daily cycles
Euro Failed to continue higher, as Tuesday dips to be inside the Weekly highs.
not sure how the Wednesday will play out, but it now looks like price will be inside the 12 hour channels...
and drift down towards the 5-day 50% level, which matches the Weekly level @ 1.3255 (support)
AUD Weekly and Daily cycles
AUD continues to struggle, as price is likely to remain below the single monthly lows.
first 12 hours will be defined by the 5-day 50% levels
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT
