Euro Monthly and Weekly cycles
The euro is rising up from the Yearly lows...
but it's too early to tell whether the trend will continue higher than the June 50% level, as this week (Friday) hasn't closed above the June 50% level in the first week of the month
If it does, then it will be moving towards the June single highs (Red), that matches the MAY low breakout.
Weekly 50% level is the trend guide
AUD Monthly and Weekly cycles
I still have the view that price is moving down into the June lows....
June 50% level and Weekly highs resistance
but if it does move higher then the target is the single monthly highs:- resistance @ 1.0152
