27th October 2012 Euro & AUD Weekly Report

Euro Monthly & Weekly cycles

4th Quarterly 50% level is still seen as support...

Random Support Weekly level @ 1.2870


AUD Monthly & Weekly cycles

trend bias is up as it remains above the October 50%  with 1 week to go until the start of November.

or it could remain in a tight range until the the first Tuesday in November and the next rate 'cut' announcement.