8th June 2012 Euro & AUD Daily report

Euro Weekly and Daily cycles

Question remains whether Friday continues up from random support in the daily cycles and towards the June 50% level by next week?

or whether the weekly 50% level pushes price back towards the Weekly level @ 1.2481?

AUD Weekly and Daily cycles

Not sure whether the trend will continue up in the daily cycles (Friday's highs)

because of the failure at the Weekly highs

Random Support 5-day 50% level and Weekly 50% level



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  • Exact levels shown for current day aren't confirmed until midnight GMT
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