22nd November 2012 Euro & AUD Daily report

Euro Weekly & Daily cycles

The Euro looks like it wants to rise upwards (Weekly 50% level the trend guide)...

However, the 4th Quarterly 50% level @ 1.2854 remains a random resistance zone (unless Friday closes above it)

AUD Weekly and Daily cycles

I'm still looking at the AUD within the monthly cycle patterns (weak)...

Therefore the Weekly & Monthly 50% levels remain the resistance zones @ 1.0382