3rd November 2012 Euro & AUD Weekly Report

Euro Monthly & Weekly cycle

Euro Support zone in the monthly charts,
with random support around the Weekly lows


AUD Monthly & Weekly cycles

higher step formation in the monthly cycles with a higher November 50% level could see the AUD move down into Support, especially with the Reserve bank cuts rate this Tuesday.

Before then the Weekly 50% level @ 1.0329 is the trend guide.