14th June 2012 Euro & AUD Daily Report

Euro Weekly and Daily cycles

I was looking for weakness yesterday, using both 50% levels (Weekly and Daily)

and based on current price action, those same levels could form support and see Thursday move upwards

AUD Weekly and Daily cycles

Weekly cycles suggests weakness using the Weekly level @ 9967 towards the weekly 50% level by Friday

but Random Support during the first 12 hours could stop that from happening