17th January 2012 Euro & AUD Daily reports

Euro Weekly and Daily

Euro hanging around the January lows...

trade the 12 hour channels (White) from 11am (either way)

Random resistance the Weekly level @ 1.2732


AUD Weekly and Daily cycles

Trend bias is up towards the Weekly highs.

Not sure whether Tuesday will breakout of the 5-day highs.

Trend guide and Support the 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




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