15th December 2011 Euro,AUD Daily report

Euro Weekly and Daily

first 12 hours today is based on price remaining within the two December lower levels, defined by the 12 hour channel (blue)

2nd 12 hours is either going to move down into Thursday's lows

or back towards the 5-day 50% level (Resistance)

AUD Weekly and Daily

looks to be moving down into Thursday's lows (random support)

using the 12 hour 50% level that matches Wednesday's lows.

Resistance 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



    •