26th January 2012 Euro & AUD Daily reports

Euro Weekly and Daily cycles

Trend bias is to continue towards the January 50% level by next week.

However, this week's highs could form a resistance zone in early trading.

5-day 50% level and 12 hour channels:-  support

AUD Weekly and Daily cycles

Breakout:- trend bias is to continue towards the January highs by next week:- 1.07+

12 hour channel support (White)

random resistance Thursday's highs.