AUD Weekly & Daily cycles
Trend bias is UP...
with trailing Support around the 5-day 50% level & Weekly level @ 1.0404
Euro Weekly & Daily cycles
5-day 50% level and 12 hour channel lows are seen as resistance....
and even though it has found support around the Weekly lows, that could result in a move upwards...
I think the trend is moving down into Tuesday's lows, as part of a move towards the MARCH lows @ 1.2798.
