16th August 2012 Euro & AUD Daily report

Euro Weekly and Daily cycles

Weekly 50% level Support...

but the Daily levels (12 hours)  aren't providing a set-up that's going to see Thursday rise.

Random resistance 12 hour 50% level

AUD Weekly and Daily cycles

AUD now in between the Weekly levels..

but the 12 hour ranges aren't providing any clues.

those 12 hour levels are random 4 hour support/resistance levels










  • 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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