It depends on where the Euro opens, but I still have the view that it's trying to rise helped by Friday's low support
It above the Weekly level @ 1.3251 trend bias is UP
AUD Weekly & Daily cycles
A noted on Monday, my view was that the December 50% level @ 1.04 would form resistance for 1 more day...
and now the January 50% level is the trend guide, and potential Support @ 1.0371 if it opens around that level.
Otherwise the Weekly level @ 1.0392 is the trend guide
Target Weekly 50% level