Euro Weekly and Daily
December low @ 1.3039 is currently supporting the trend.
for the trend to move upwards it will need to be trading above the 5-day 50% level.
Otherwise a break of December lows and the 12 hour channel will see today move down into Wednesday's lows and possibly breakout
AUD Weekly and Daily
December 50% level support, but it needs to move above the 12 hour channel highs, using the 5-day 5% level as support.
A break of 12 hour support could lead to further weakness for the rest of this week.
