Euro Weekly and Daily cycles
Wednesday's support off the daily lows, and whilst price is above the Weekly 50% level the trend could rise upwards again...
However, at this stage the daily cycles aren't providing a bullish set-up for that to happen early on Thursday
AUD Weekly and Daily cycles
I was expecting the same pattern in the AUD as the Euro (Wednesday lows support)
Today
Daily cycles favour more upside using the 50% level as support
Whilst the October 50% level @ 1.0362 could push price back down into 1.0340 (random Support)
Use the daily levels as trend guides today