24th October 2011 AUd, Euro Daily report

AUD Weekly and Daily

Friday high and 2-day reversal to start the week off?

using the trend guide @ 1.3440





If that's the case price will move down into the 5-day 50% level and find random support during the first 12 hours & Weekly level.

However, if above that same level the trend bias is up (random resistance Monday's highs)


Euro Weekly and Daily


As per Weekly report, there is a bias to move upwards.....

12 hour support as shown @ 11am  (1.3840)


  • 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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