29 August 2012 Euro & AUD Daily report

Euro Weekly and Daily cycles

looks like the Euro is moving up into the Weekly highs & 1.2653

Random Support August 50% level @ 1.2540

AUD Weekly and Daily cycles.

If the AUD is going to rise up after a completing a double weekly low pattern...

then the 12 hour channels are the support zones..

short-term target the 5-day 50% level and also the Weekly level @ 1.0419



  • 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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