15th August 2012 Euro & AUD Daily report

Euro Weekly and Daily cycles

5-day 50% level could form 12 hour support from 11am onwards...

but i'm not sure how much more upside there's going to be based in the 12 hour channels

AUD Weekly and Daily cycles

Looks like further weakness into Wednesday's lows

using the 12 hour channel lows as the trend guide.




  • 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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