Euro Monthly and Weekly cycle
The Euro looks like it's going to continue higher...
Weekly 50% level is the trend guide, whilst it needs to breakout of the Weekly highs
AUD monthly and Weekly cycles
The AUD could continue higher, as the 4th Quarterly 50% level @ 1.0208 forms support...
however, it needs to break above the October 50% level, starting with a move above the Weekly 50% level..
Random Support 1.0208
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT