Euro Monthly and Weekly cycles
rotating back towards the January 50% level....
and then my view is that it could stall and rotate down over the next 5-days.
if the Euro is going to continue higher or not will be based on the week after next.
AUD Weekly cycles
Trend bias is to move up (2-month wave pattern)
hopefully price retests this week's breakout before it completes the 2nd wave pattern in February.
over all target for 2012 remains $1.12