1st June 2012 Euro & AUD Daily report

Euro Weekly and Daily cycles

Trend bias is to continue down into the June lows

There is always the possibility that price swings up to the June 50% level next week...

but there's nothing in the daily cycles that's providing any short-term long set-ups.

Random Support Friday's lows.

AUD Weekly and Daily cycles

Trend bias is down...

random support Weekly and Friday'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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