Euro Weekly and Daily cycles
Weekly 50% level Random Support,
but the Daily cycles suggest weakness down into Wednesday's lows, which may or may not support the trend.
5-day 50% level and Tuesday's lows are seen as part of a break-n-extend pattern downward
AUD Weekly and Daily yccles
Same applies on the AUD...(daily cycle break-n-extend)
along with 1.0340 now forming resistance
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT