Euro Weekly and Daily cycles
This week's trading is based on whether the trend continues down into this week's lows @ 1.2580 before the market swings up towards the Weekly levels @ 1.2880
Trend guide the 5-day 50% level @ 11am
AUD Weekly and Daily cycles
Same applies in the AUD...
11am levels the trend guide...
as part of a potential move down into the Weekly lows, and then the Yearly lows (as per Weekly Report)
or up towards the Weekly level @ .9976 over the coming day.
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT