20th October 2011 Euro, AUD Daily report

Euro Weekly and Daily cycles

This week currently looks like it's consolidating within the 5-day range.

Today:- at this stage I would treat Thursday as trading within the white channels...

unless there's a breakout of the 5-day lows during the first 12 hours today


AUD Weekly and Daily

Same applies of the AUD
Random support Thursday's 12 hour lows




  • 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



  •