3rd MAY 2012 Euro & AUD Daily levels

Euro Weekly and Daily cycles

Break of 12 hour support & the MAY 50% level  has seen the Euro move down into the Weekly 50% level.

and looking at the Daily cycles (50% level and 12 hour channels), could continue down into Thursday's lows (random Support)


AUD Weekly and Dialy levels

The AUD has continued with the trend, as the Weekly 50% level and 12 hour channels pushed price down into Random Support....

and at this stage could continue down into Thursday's lows...random support (Weekly 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
  •