23rd December 2011 AUD, Euro Daily reports

AUD Weekly and Daily

Wednesday's fake breakout didn't lead to more weakness.

AUD is currently caught in between the monthly 50% & Weekly 50% levels.

December 50% level is now the trend guide on whether the AUD continues towards Friday's highs

or remains within the 12 hour channels.

Trend guide December 50% level and 12 hour channel highs (white)


Euro Weekly and Daily

no probability which direction Friday will take...

simply trade on the side of the December low @ 1.3039 and also the

5-day 50% level and 12 hour channel lows (white)




  • 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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