12 hour support but a failure to move up above the Weekly level @ 1.0515
Same pattern today as yesterday...
12 hour support or it's down into the Weekly 50% level
Euro Weekly & Daily cycles
I'm still bullish on the euro because of the Primary cycles, and also the Monthly 50% level..
but it needs to be trading above the 5-day 50% level, which we can now see has dropped lower.
12 hour support shown in the right