Euro Weekly and Daily cycles
5-day 50% level Support in case the Weekly highs & Wedensday highs forms resistance.
As noted in the Weekly Report, there is further upwards bias during October, so there is a potential breakout of these lesser timeframe highs
AUD Weekly and Daily cycles
Monthly cycles suggest more upside, but the AUD needs to break a number of lesser timeframe levels...
12 hour channel highs are continued support..
the Critical level now is price trading above the Weekly 50% level:- random resistance
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT
