Euro Weekly and Daily cycles
Weekly 50% level and 12 hour channels will decide whether Tuesday is an inside day (UP)
or the trend continues lower
AUD Weekly and Daily cycles
Whilst above the Weekly level and single monthly high the trend bias is up into Tuesday's highs & also the Weekly highs (Random Resistance)
Be aware of selling pressure if it starts to trade below those same two levels & the 12 hour channels.
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT
