Euro Weekly and Daily cycles
The Euro could continue to move as high as the MAY lows and Weekly 50% level by Friday.
But at this stage I would trend Tuesday's highs and the Weekly level @ 1.2880, as resistance
AUD Weekly and Daily cycles
Could continue towards the Weekly 50% level and MAY lows by Friday.
But I would trend Tuesday's highs and the Weekly level as resistance @ .9976
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT