Euro Weekly and Daily cycles
The Euro is still caught between a Rock and a Hard place....
Single monthly lows continue to support the trend, whilst the April 50% level is forming resistance.
Trend guide is the 5-day 50% level
AUD Weekly and Daily cycles
AUD performing better, but it still needs to break out of the 5-day highs...
first target the Weekly 50% level.
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT