Euro Weekly and Daily cycles
The euro is being pushed back down from the 3rd Quarterly 50% level, helped by Thursday's low breakout
and likely extension down into Friday's lows...
Support resides around Friday's lows matched with the Weekly level
@ 1.2869, and also the September highs. 1.2808
AUD Weekly and Daily cycles
Weekly 50% level Support could see the market more towards a higher Friday close....
but at this stage the 12 hour channels and 5-day 50% level aren't providing an ideal set-up for that to happen
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT
