2nd August 2012 Euro & AUD Daily report

Euro Weekly and Daily cycles

12 hour breakout and looking to extend down into Thursday's lows...

as part of a larger trend that's moving lower

AUD Weekly and Daily cycles..

looks like the AUD is going to move down into the Weekly level @ 1.0470

Weekly highs @ 1.0490 and 5-day 50% level is 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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