31 August 2012 Euro & AUD Daily report

Euro Weekly and Daily cycles

Daily cycles suggest a move down into Friday's lows.

larger timeframe cycles are pushing the Euro back down into the start of September

AUD Weekly and Daily cycles

Break and extend pattern in the Weekly cycles is in play..
and as per last week's Weekly report, trend bias is to revisit the higher timeframe 50% levels once again

Random Support:- Friday's lows








  • 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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