10th November 2011 Euro AUD

Euro Weekly and Daily

As noted in the weekly Report, this week has a bias to continue down because the USD Index was rising.

Breakout of the Daily lows should continue down into Thursday's lows (random support)..

5-day 50% level resistance.

Trend could continue down towards the November lows over the next 5-7 days.

AUD Weekly and Daily

Same applies on the AUD





  • 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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