29th November 2011 Euro, AUD Daily report

Euro Weekly and Daily

Trend bias is down after retesting the Wekely levels and closing lower.

As long as it remains below the 5-day 50% level.

5-day 50% level resistance

AUD Weekly and Daily


On the other hand, the AUD looks like it is moving in a 3-day counter-trend move up towards the Weekly 50% level, and then the December 50% level by Thursday.

As long as it remains above the 5-day 50% level and Weekly level @ .9867





  • 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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