24th October 2012 Euro & AUD Daily reports

Euro Weekly and Daily cycles

Weekly 50% level Random Support,

but the Daily cycles suggest weakness down into Wednesday's lows, which may or may not support the trend.

5-day 50% level and Tuesday's lows are seen as part of a break-n-extend pattern downward



AUD Weekly and Daily yccles

Same applies on the AUD...(daily cycle break-n-extend)

along with 1.0340 now forming resistance
  • 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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