Euro Weekly and Daily cycles
Weekly cycles suggest the upward trend to continue
However, Friday's highs & resistance could lead to the Euro starting with a 2-day reversal (or a 2-day choppy pattern)
If it's either then the Weekly level @ 1.2937 is random Support
AUD Weekly & Daily cycles
Trend bias is UP using the December & Weekly 50% levels as Support...
However, the AUD could remain choppy & quiet until after tomorrow's Rate announcement @ 14.30
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT
