6th April 2012 Euro & AUD Daily report

Euro Weekly and Daily cycles

12 hour 50% level will define whether the trend continues down into Friday's lows....

or whether the single monthly low (red) and the Weekly 50% level Supportsthe trend during the 2nd 12 hour timeframe from 11pm

AUD Weekly and Daily cycles

Remains supported above the higher timeframe levels, as per last week's report.

However, it's struggling to move above the 5-day 50% level.

12 hour 50% level @ 11am will define whether it move upwards on Friday



  • 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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