Euro Weekly and Daily cycles
today's trading is based on the Weekly levels, and whilst below 1.3046 (random resistance)
the trend bias is down into the Weekly 50% level
Weekly 50% level Support @ 1.2889
AUD Weekly and Daily cycles
looks to be moving down into the Weekly 50% level, if it's below the daily 50% levels..
Random Support:- 1.0406 (Weekly 50% level)
Random Resistance:- 1.0544.
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT