9th December 2011 Euro, AUD, Daily Report

Euro Weekly and Daily

Weekly level is currently supporting the trend...

but using the 5-day 50% level, there is an expectation that could see price move down into Friday's lows, which are seen as random support)



AUD Weekly and Daily cycles

December 50% level @ 1.0135 could support the AUD....

however, it could also follow the Thursday break and extend pattern towards friday's lows (Support).

Trend guide the 12 hour channels (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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