AUD Weekly & Daily cycles
Trend guide the 5-day 50% level.
Random 1st 12 hours resistance around the January highs @ 1.0589 & the 12 hour channels.
Euro Weekly & Daily cycles
The Euro moved down and retested the previous weekly high breakout.
This could see the Euro move back upwards on Wednesday, but the 12 hour channels doesn't favour that happening...
and because it's already around the January highs, the initial move could be down using the 12 hour levels as a trend guide.
4 hour close below the 5-day 50 level could also put pressure on the Euro to move down towards the Weekly 50% level @ 1.3188
