13th July 2012 Euro & AUD Daily reports

Euro Weekly and Daily cycles

friday could continue down into the daily lows

however, Thursday's price action completes the break-n-extend pattern from last week's lows.

If above the July lows @ 1.2230 then treat Friday as part of a 3-day counter-trend move upwards

AUD Weekly and Daily cycles


Daily 50% level is the trend guide, along with the Weekly 50% level..

as to whether AUD moves down into Friday's lows...

as part of Thursday's break-n-extend pattern.