Euro Weekly and Daily cycles
Because the Euro is back above the 4th Quarter 50% level @ 1.2854 the trend bias is up...
Support resides around the 12 hour channel highs (5-day 50% level)
along with random 4 hour resistance around Friday's highs
AUD Weekly and Daily cycles
Monthly cycles continue to show weakness, but the AUD isn't dropping, as I was expecting it to...
A number of 50% levels come into play on Friday, (Daily, Weekly, Monthly) and they will decide whether it's going to drop or not...
