Euro Weekly & Daily cycles
Trend bias is down into the March lows....
Currently price action in the daily cycles favours a move down into Monday's lows
Whilst the Weekly level @ 1.3145 & 5-day 50% level is seen as resistance
AUD Weekly & Daily cycles
As noted in the Weekly Report, the AUD has broken some higher timeframe 50% levels, therefore the bias is down, helped by the close below the Weekly lows.
but if above the Weekly level @ 1.0200 the bias is to rise upwards:- Random resistance 5-day 50% level &
1.0266
