5th October 2012 Euro & AUD Daily Report

Euro Weekly and Daily cycles

Weekly 50% level Support, for a move up towards the Weekly highs.

Note:- random resistance Friday's highs.

AUD Weekly and Daily cycles

Weekly lows and 5-day 50% level are seen as resistance....

I'd be surprised to see a fake break of the Weekly lows, where Friday closes higher,
however it can happen
  • 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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