7th September 2012 Euro & AUD Daily reports

Euro Weekly and Daily cycles

Trend bias is to continue up into September's highs


AUD Weekly and Daily cycles

AUD didn't remain below the breakout pattern @ 1.02435/41.

These same levels are once again seen as support, if there is weakness in the first 12 hours on friday.

Whilst the trend bias is to continue up into the Weekly level @ 1.0343 (random 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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