Euro Weekly and Daily cycles.
Weekly 50% level is the trend guide (in a primary bear trend)
AUD Weekly and Daily cycles
Weekly lows are the support zones (Monday's lows)
If these Weekly lows support the AUD, then it can provide a good medium term Upward move over the coming weeks (Hold longs)
if not....then adjust on Tuesday.
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT