Euro Weekly and Daily cycles
The euro continues to remain above support levels, but price fails to remain above the 5-day 50% level, as the trend is below the APRIL 50% level.
Trend guide 5-day 50% level.
Could continue to remain choppy within the 12 hour channels (white)
AUD Weekly and Daily cycles
Can't remain above the Weekly 50% level.
Trend guide based on the 5-day 50% level and Weekly 50% level.
it currently looks bearish, with the 12 hour channel lows as support.
However, it would not surprise me to see Thursday choppy either side of the 50% levels
