Euro monthly and Weekly cycles
Down into July's lows @ 1.2230.. and as far as the Weekly lows, as part of the break & extend pattern.
At this stage it's too early to tell, as the Euro has risen up from the Yearly lows but then failed to continue higher, and is now back below the Yearly lows in 2012 @ 1.2546....
Could be heading for a 3rd quarterly breakout (July lows), and a continuation down into the 2013 Yearly lows
AUD monthly and Weekly cycles
3-Quarterly 50% level & Weekly 50% level (Support) @ 1.0162
if below the July 50% level @ 1.0100
then it's likely to follow the move down into the July lows @ .9653 to .9420
