Euro Weekly and Daily cycles
Below the Weekly 50% level @ 1.2890, and below the 12 hour channels (white)
the trend bias is down into the September highs & Thursday's lows (random Support)
AUD Weekly and Daily cycles
trend bias is down into the Weekly lows...
Therefore the Weekly 50% level and 5-day 50% level is seen as resistance.
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT
