Euro Weekly & Daily cycles
The Weekly highs are critical as to whether the Euro will continue higher this month:- Breakout
12 hour channels are the short-term guide, along with the Weekly level @ 1.3027 and the 5-day 50% levels (Support)
AUD Weekly & Daily cycles
AUD is currently hitting resistance (Weekly highs) whilst remaining above the October 50% level @ 1.0362
if it's going to continue higher, then the 12 hour channels come into play
- All Daily forex reports are written before 11.00am Sydney Time, which is appro
- ximately Midnight GMT
