Euro Weekly and Daily cycles
Below the Weekly 50% level the trend bias is down after hitting Tuesday's highs.
However, the daily cycles don't have an ideal set-up, as Wednesday could once again push up towards the Daily highs again:- resistance
AUD Weekly and Daily cycles
Rate cut and the AUD breaks support (Weekly & Daily lows) and heading down towards 1.0153
Resistance Daily 50% levels
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT
