Euro Weekly and Daily cycles
Random resistance Weekly highs...
But because there's a breakout of the September highs, the Euro is following the move towards the 3rd Quarterly 50% level.
Therefore, the Euro is likely to follow the daily cycles upwards.
Support:- 12 hour channels
AUD Weekly and Daily cycles.
The AUD has hit the Weekly level, but there's an expectation that's it's going to continue higher:- TARGET
Therefore 12 hour channels are seen as support
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT