Euro Weekly and Daily cycles
The Euro is back down into Critical Support....
However, the Daily cycles aren't providing a robust 'long' set-up, as it looks like
the trend could follow the daily cycles towards Thursday's lows
AUD Weekly & Daily cycles
Weekly highs continue to define whether the trend will breakout and extend towards new highs next week..
or currently it looks like a 'Fake break', and the next 2-days move downward, if it's below 1.0422
12 hour channels (white) are the trend guides
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT