6th July 2012 Euro & AUD Daily Reports

Euro Weekly and daily cycles

Breakout of Thursday's lows (& Weekly lows) looks to be extending down into Friday's lows
which match the single monthly pivot (Random Support)

That random support could result in a Friday upward move to retest the Weekly lows.(resistance)

Support:- 1.23350

Resistance:- 1.2463/72

AUD Weekly and Daily cycles

not sure about AUD...

could remain within the 12 hour channels (White)

and in between the Weekly levels @ 1.0208 & 1.03210