AUD Weekly & Daily cycles
Friday low support and a 2-day rise upwards?
That will depend on the Weekly level @ 1.04430 and the 5-day 50% level:- resistance.
Current price action looks like it can move back down into the January 50% level & Weekly lows
Euro Weekly & Daily cycles
Random Resistance Monday's highs & Weekly highs.
If price continues up into the Weekly highs on Monday, then I'll be looking for a move back down into the January highs @ Weekly level @ 1.3411.
If it opens lower today, then that same level is seen as Support
