Euro Weekly and Daily cycles
Random resistance @ 1.2194.
Note:- don't hold shorts above it during the 2nd 12 hours today (11pm), as the Euro could move into a 3-day counter-trend move upwards...
which takes it towards the 5-day highs.
AUD Weekly and Daily cycles.
AUD failed to reach the Weekly lows (Support)
And now the Weekly 50% level is seen as Support @ 1.0256
whilst the Weekly level @ 1.0365 is seen as random resistance.
Note:- AUD could remain within the 12 hour channels (white) (choppy)
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT