Euro Weekly and Daily cycles
April 50% level has stalled the Euro from rising....
However, it will be up to the 5-day 50% level and also the Weekly level @ 1.3091 if there's more gains towards Tuesday's highs....
and beyond (Weekly 50% level)
AUD Weekly and Daily cycles
fake break of 12 hour support....
and now it's up to the Weekly 50% level, and also the 5-day 50% level if there are more gains
Weekly 50% level has acted as resistance for 5 weeks now, but the 5-day 50% level and 12 hour channels once again become support...
as part of the trend rising up from the 2nd Quarterly 50% level
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT
