Euro Weekly and Daily cycles
Euro moving down into the Weekly levels, which aligns with the previous Weekly highs @ 1.2457/68
This is either going to support the Euro and push it higher..
or the August 50% level is pushing the Euro back down towards the September 50% level by Thursday
AUD Weekly and Daily cycles
Aussie Dollar not showing a 'bullish' pattern, with last week's lows failing to continue higher from this week's level @ 1.0419.
Random support this Week's lows & Daily lows...
keep in mind that price could follow the Monthly cycles and move down towards the 3rd Quarterly 50% level, as shown in the Weekly report
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT