17th August 2012 Euro & AUD Daily report

Euro Weekly and Daily cycles

Trend guide & support the 5-day 50% level & 12 hour channel highs..

Random resistance friday's highs

AUD Weekly and Daily cycles

Weekly cycles suggest further gains..

That will be helped by price moving above the 5-day 50% level..

overall target will be the Weekly and Monthly highs over the next 5 days.





  • 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



  •