Euro Weekly and Daily cycles
friday could continue down into the daily lows
however, Thursday's price action completes the break-n-extend pattern from last week's lows.
If above the July lows @ 1.2230 then treat Friday as part of a 3-day counter-trend move upwards
AUD Weekly and Daily cycles
Daily 50% level is the trend guide, along with the Weekly 50% level..
as to whether AUD moves down into Friday's lows...
as part of Thursday's break-n-extend pattern.