Euro monthly and Weekly cycles
The euro is either going to continue to move up towards the January 50% level, helped by price trading above the Weekly level @ 1.2973..
or remain sideways until the start of February, which could then decide whether the Euro moves back down towards the 2012 Yearly lows
AUD Weekly and Daily cycles
Primary cycles pusing the AUD up towards 1.12 (Yearly highs)
However, the first target remains the January highs @ 1.07+
Trend guide and support the Weekly level @ 1.04060/ 1.0433
