Euro Weekly and Daily cycles
Daily cycles aren't providing any clues on which direction that trend will take...
but the Weekly level @ 1.3233 and the 5-day 50% levels from 11am will decide whether the trend will continue higher or not (Monday 5-day breakout?)
target Weekly highs
AUD Weekly and Daily cycles
April 50% level is the trend guide @ 1.0451
There's a Friday 5-day high breakout, therefore my view is that it will extend towards Monday's highs, which match the Weekly highs.(random resistance)
Then things get interesting from the 1st of MAY and the new monthly 50% level.
if there's early weakness today, then the random support levels from 11am come into play.
All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT
