AUD Weekly & Daily cycles
Trend bias is DOWN, it's below the Yearly, Quarterly, & Monthly 50% levels
However, there's a potential upmove with the completion of the Weekly break & extend pattern that could see the AUD rise up towards the previous week's lows @ 1.0350
In the short-term, the Weekly level @ 1.0315 is seen as resistance.
Euro Weekly & Daily cycles
Same applies on the Euro...
Trend bias is DOWN
trend guide is the Weekly 50% level and 5-day 50% level (12 hour channel highs)
