12th October 2011 Euro & AUD Daily report

Euro Weekly and Daily cycles

Not sure whether the trend will continue up towards the October 50% level and Weekly highs
or

Wednesday/Thursday retests the Weekly 50% level using the Weekly level @  1.3663 as resistance

(random support 5-day 50% level)

AUD Weekly and Daily

Support in the 12 hour range for a potential move towards Wednesday;s highs and October 50% level....

Random resistance Weekly level @ 1.011- 1.0121




  • 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



  •