24 August 2012 Euro & AUD Daily report


Euro Weekly and Daily cycles

The euro looks to be following the Weekly break and extend pattern towards 1.2653 

AUD Weekly and Daily cycles

AUD didn't remain above 12 hour support..

TodaY:- Random 12 hour support around the Weekly level and also the 12 hour channels @ 1.0427

However, the AUD could also be moving down into the Weekly lows, which has been my overall target this week @ 1.0378




  • 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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