15th April 2011, EUR, AUD, Daily

Euro Weekly and Daily range

Euro continues to remain choppy within the 12 hour ranges

Not probibility in which direction it will go within Friday's range.

Weekly highs are seen as resistance

AUD Weekly and Daily range..

AUD trying to move up towards the Yearly highs @ 106.12, as long as it remains above the Weekly level @ 1.0444

if it's above the channel high @ 11am (1.0542) the trend bias is up on Friday.

Don't trade longs below intra-day support (4 hour close) @ 1.0480

as Friday could close lower






  • 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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