Euro Weekly and Daily cycles
Trend bias is to remain weak below the 3-month and single monthly lows...
That's going to be helped by price remaining below the Weekly level @ 1.2727
otherwise it could rise up towards the Weekly 50% level
AUD monthly and Weekly cycles
Same applies with the AUD, as it has a higher step formation in the monthly cycles and the 2nd week of the new month has close below the November 50% level.
Trend bias is down:- Resistance 1.0370/1.0382
