Euro Weekly and Daily cycles
Breakout Friday's lows looks to extend down into Monday's lows...
As long as it's below the Weekly level @ 1.2194
AUD Weekly & Daily cycles
12 hour support along with last week's highs @ 1.0355 forming a breakout pattern.
Therefore, there is the expectation that it will extend upwards, and reach the Weekly highs and also the July highs.
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT