Euro Weekly and Daily cycles
Question remains whether Friday continues up from random support in the daily cycles and towards the June 50% level by next week?
or whether the weekly 50% level pushes price back towards the Weekly level @ 1.2481?
AUD Weekly and Daily cycles
Not sure whether the trend will continue up in the daily cycles (Friday's highs)
because of the failure at the Weekly highs
Random Support 5-day 50% level and Weekly 50% level
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT