Euro Weekly and Daily cycles
Whilst the Euro is above the Yearly lows @ 1.2546 the trend is looking to move up towards the June 50% level.
However, the 12 hour channels aren't providing the ideal set-up for upwards gains ;- Random resistance
AUD Weekly and Daily cycles
Weekly level is the trend guide, along with the 5-day 50% level
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT