27th July 2012 Euro & Daily reports

Euro Weekly and Daily cycles

3-day counter-trend move into the 5-day highs and Weekly 50% level completed.

not sure how Friday will play out, as it could remain within the 12 hour channels & Friday's highs

AUD Weekly and Daily cycles

AUD didnt remain below the Weekly level @ 1.0365
and now this same level can form support today...
for a move towards Friday's highs.





  • 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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