21st March 2012 Euro & AUD Daily reports

Euro Weekly and Daily cycles


Trend bias is to continue higher, using the Wekely 50% level as a trend guide along with the 11am levels.

That view will change if the Euro suddenly begins trading below the Support and 5-day 50% level


AUD Weekly and Daily cycles

Looks like the AUD won't rise upwards, and as per Weekly report drift down towards the 2nd Quarterly 50% level.

today:- 5-day 50% level and channel lows resistance.

Random support Weekly lows and Wedneday's lows

  • 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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