AUD Weekly & Daily cycles
Trend bias is to continue lower:- April lows then May lows, as price is now below the Monthly & Quarterly 50% levels.
Random Support :- Weekly & Tuesday's lows
Random resistance 5-day 50% level and 12 hour channel highs
Euro Weekly & Daily cycles
Trend bias is to continue lower, as per Weekly Report towards the Quarterly 50% level @ 1.2915
but a breakout of the 12 hour channels, could attract buying in the Euro....
