Euro Weekly and Daily cycles
The euro has failed around it's Friday 5-day highs...
This can often lead to a 2-day reversal to start the week...
as long as it's below the Weekly level @ 1.23440
AUD Weekly and Daily cycles
Same applies on the Aussie...
as long as it's below the Weekly level @ 1.04070
otherwise it's up into July highs and then into August highs the week after
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT
