17th December 2012 Eur & AUD Daily report

Euro Weekly & Daily cycles

Trend bias is up into the Weekly & monthly highs (random resistance)
helped by Friday's breakout..

Support levels shown in the daily cycles, along with the Weekly level @ 1.3104

AUD Weekly & Daily cycles

Trend bias is UP into the Weekly highs (random resistance), as part of a move towards the December highs.

Support resides around the 5-day 50% level, matched with the Weekly level @ 1.0538