31 October 2011 Euro, AUD, Daily repory

Euro Weekly and Daily cycles

11am support level will decide if the euro continues with the Weekly break and extend pattern (UP)

or whether it slips down into the lower channels, as per of retesting last week's highs 1.4035


AUD Weekly and Daily cycles

Same applies on the AUD....

Below 11am levels and first target is the 5-day 50% level




  • 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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