9th April 2012 Euro & AUD Daily reports

Euro Weekly and Daily cycles

Overall trend bias is bearish whilst below the April 50% level.

single monthly lows has supported the current trend.

If it's going to move upwards (lower Weekly open)

then 11am levels are support zone

AUD Weekly and Daily cycles

As per Weekly report, my view is UP...

Weekly level random support @ 1.0277

needs to be above 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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