Euro Monthly and Weekly cycles
July lows has supported the current Weekly timeframe, and we also have the completion of the Weekly brean & extend pattern down into this week's lows.
My view is that the Euro will try and make its way back towards the previous Weekly brerakout @ 1.2463
over the next 2-weeks.
And more than likely hit resistance around that level & also the Yearly lows @ 1.2546
AUD monthly and Weekly cycles
Current price action suggests the Aussie dollar will continue higher...
3 Quarterly 50% level & July 50% level has formed support
Weekly 50% level Support @ 1.0186
