21st Jan 2011 Daily, EUR & AUD



Euro Weekly and daily range

Euro consolidating below the January 50% level, but above last week's highs.

Based on the current price action, it looks like the Euro is range bound between the levels (intra-day)

no high probability set-up:- random support as shown.

AUD Weekly and daily range

The trend so far is being dictated by the brown filter during each 12 hour period.

current price action suggests more weakness, towards Friday's lows.

However, above the brown filter would see a swing back towards the 5-day 50% level (random resistance)




  • All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT
  • Exact levels shown for current day aren't confirmed until midnight GMT
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