Break of 12 hour support & the MAY 50% level has seen the Euro move down into the Weekly 50% level.
and looking at the Daily cycles (50% level and 12 hour channels), could continue down into Thursday's lows (random Support)
AUD Weekly and Dialy levels
The AUD has continued with the trend, as the Weekly 50% level and 12 hour channels pushed price down into Random Support....
and at this stage could continue down into Thursday's lows...random support (Weekly lows)
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT