2nd March 2011, EUR, AUD, Daily

Euro Weekly and daily range

Trading around the weekly highs, but more importantly it's rising up from 1.3759-66.

Based on the daily range:- support levels as shown using the channel highs @ 1.3846.

Random resistance Thursday's highs


AUD Weekly and daily range

Early resistance on Wednesday, but buying support in the 2nd 12 hours looks to be setting Thursday as an UP day...

Trend guide and support daily 50% levels and brown filter.

Random resistance Thursday's highs.

However, there's the expectation that the AUD is moving up towards 1.262 by Friday (single monthly highs)....

And then the MARCH highs by next week.


  • 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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