24th August 2011 AUD, Euro Daily


AUD Weekly and Daily

As per Weekly report my view is that the AUD is heading down...

however, Tuesday's 50% level didn't push price down, but instead upwards, and now we have the AUD above the August lows and Weekly 50% level.

if that's the case then the 11am level can push price upwards

However, I still lean to the possibility that the AUD continues down from the 3rd day (Wednesday)

only if it's below the 11am levels

Euro Weekly and Daily

no probability pattern for Wednesday

use 11am levels








  • 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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