Euro Weekly and Daily cycles
The Euro could make its way upwards, as part of retesting least week's Weekly breakout:- first target @ 1.24130 (Weekly level)
However, the single monthly lows in Red @ 1.2335 could act as resistance and push the trend down into the July lows.
Trend guide the 12 hour channels (White)
AUD Weekly and Daily cycles
Random Support the Weekly 50% level...@ 1.0161
and now it's up to the 12 hour channels to decide whether there is more upside...
5-day 50% level is the trend guide @ 1.0190
Whilst the 12 hour channels (White @ 11am & 11pm) are random resistance zones.
Note:- Below the Weekly 50% level is open to risk of moving down into the July 50% level @ 1.01
