25th August 2011 AUD, EURO Daily

AUD Weekly and Daily

With Wedensday closing above the Weekly 50% level and bouncing off the 5-day 50% level, there is now a bias for price to continue upwards...

using the 11am levels as support.

if below the 11am support levels (5-day 50% level), then it's following the original view based on the trend moving towards the lower Weekly levels.

Euro Weekly and daily

No probability pattern for the Euro, as has been the case all 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