21st FEB 2011, EUR, AUD, Daily

Euro Weekly and Daily range

Friday breakout should continue to move towards Monday's highs and the Weekly level @ 1.3766

Those highs are seen as random resistance levels.

As per Weekly report:- the Weekly 50% level @ 1.3631 is seen as support.


AUD Weekly and daily range

My view is that the AUD is moving higher, but starting this week with a 2-day reversal pattern.

Trend guide is simply based on the level @ 1.0132

otherwise the AUD can continue to follow the daily range towards the highs on Monday.


  • 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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