Euro Weekly and daily cycles
Last Trading day of the month and Quarter...
today's trading is based on whether the market remains consolidating between the weekly levels...
or it makes a play for Friday's highs and beyond.
Trend guide the 5-day 50% level...... if above let it run into the close of today and open Monday..
if below random pattern within the 12 hour ranges
AUD Weekly and Daily cycles
5-day 50% level and Weekly level @ 1.0406 will define whether the trend will remain flat and continue down into the April 50% level (2nd Quarter 50% level)
if above those levels:- it's a random pattern that could see the trend continue up towards the March 50% level @ 1.0486
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT
