22dn July 2011 Euro, AUD, Daily

Euro Weekly and Daily

There is a breakout of Thursday's highs, which in theory should continue towards Friday's highs (random resistance)

However, the Weekly highs and July 50% level could stall the trend from rising during the first 12 hours.

11am trend guide


AUD Weekly and Daily range.

The same applies on the AUD with Thursday's breakout and expectation it will continue towards Friday's highs and maybe beyond

Simply because there's a beakout of the Weekly highs @ 1.0808, which could see the trend continue towards higher highs 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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