Euro Weekly and Daily cycles
The Euro is either going to continue up into this week's highs:- Random resistance around those levels, as part of moving towards the 3rd Quarterly 50% level.
or it's going to remain below the September highs and revisit Support in the Weekly levels, as part of retesting last week's breakout of the Weekly highs
AUD Weekly and Daily cycles
Weekly 50% level is seen as Support, unless it opens below it today.....
Monday's highs and the Weekly level @ 1.0470 random daily resistance
Trailing 12 hour channel support as shown in the daily cycles
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT
