Euro Weekly & Daily cycles
The Euro continues to look like it's going to rise upwards, as long as it remains above the Weekly 50% level..
Random Resistance Wednesday's highs
AUD Weekly & Daily cycles
Tuesday didn't continue to rise upwards, as part of the Friday low Support pattern.
Monthly cycles continue to suggest weakness, and with the 2-day upward bias over, we now look to see if there's further weakness this week....
That's going to be decide by the Weekly 50% level and also the 5-day 50% level
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT