Euro Weekly & Daily cycles
Does the Euro continue to remain above the December highs and move towards the Weekly highs?
if so it will need to breakout of Friday's highs.
5-day 50% level is the trend guide & Support
AUD Weekly & Daily cycles
12 hour support Shown...
if it's going to move upwards it will need to break above the 5-day 50% level & December 50% level.
At this stage both those same level is a major resistance zone coming into the end of 2012
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT
