Euro Weekly & Daily cycles
Euro trend bias is Weak, as per Weekly report..
with a trend bias that's trying to move towards this week's lows.
However, there is a slight chance it's a fake break based on Friday's Support, that could result in a 2-day rise upwards at the start of the week...
Whether it goes up or continues down, the short-term trend guide is based on the 12 hour channels (white)
AUD Weekly and Daily Cycles
continues to remain above the Support levels within the higher timeframe levels...
that will depend on the 5-day 50% level today, as to whether it opens below the Weekly 50% level and continues down
or early rise upwards, with random 4 hour resistance around the 12 hour channel highs (white/blue)
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT
