22nd August 2011 AUD, Euro Daily report

Euro Weekly and Daily range

Not too many clue on which direction the trend will go over the medium term....

other than using the 11am levels as trend guides (41 to 85 pip ranges)


AUD Weekly and Daily

Trend bais is to move down....

however, there is the possibility that Monday moves up towards the Weekly 50& level (12 hour highs) and then moves 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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