3rd April 2012 Euro & AUD Daily report

Euro Weekly and Daily cycles

Weekly level Support @ 1.3286, and it's now the 5-day 50% level that will decide whether the trend will continue to move up towards the Weekly highs or not

AUD Weekly and Daily cycles

Trend bias is down before it potentially continues higher, as per Weekly Report.

However, a breakout of Tuesday's highs  will attract more buying, as it begins to trade above the Weekly & Monthly 50% levels


  • 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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