Euro Weekly and Daily cycles
Monthly cycles suggest more gains in the euro, as per Weekly report
Weekly & Daily 50% levels are the support zones on Tuesday if that's the case
AUD Weekly and Daily cycles
4th Quarterly 50% level has formed support, and now we see whether the trend continues higher or not...
However, there are a number of important levels that the AUD needs to get over
5-day 50% level is support
random 12 hour resistance along with the Weekly 50% level
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT