AUD Weekly & Daily cycles
Trend bias remains strong....
5-day 50% level is the trend guide, with an upward bias
if there's weakness today, then Friday's lows are seen as Support
Euro Weekly & Daily cycles
The Euro has stalled at the Weekly 50% level, which could push the Euro back down into the 5-day 50% level, which is seen as Support.
However, a breakout of Thursday's highs has up ward bias:- break & extend pattern...
Friday's highs:- random Resistance.
