1st February 2012 Euro & AUD Daily reports

Euro Weekly and Daily cycles

February 50% level and 5-day 50% level could send the Euro lower...

Whilst the Weekly level @ 1.30260 could support the trend during the first 12 hours. (Wednesday's lows)

daily 50% levels (channel lows) are seen as resistance


AUD Weekly and Daily cycles


My view is UP towards the Weekly highs...

trend guide 5-day 50% level...

however, there could be some early weakness towards the 12 hour channel lows (1.05530/5610







  • 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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