15th October 2012 Euro & AUD

Euro Monthly and Weekly cycle

The Euro looks like it's going to continue higher...

Weekly 50% level is the trend guide, whilst it needs to breakout of the Weekly highs

AUD monthly and Weekly cycles

The AUD could continue higher, as the 4th Quarterly 50% level @ 1.0208 forms support...

however, it needs to break above the October 50% level, starting with a move above the Weekly 50% level..

Random Support 1.0208
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