19th December 2012 Euro & AUD Daily Report

The Euro Weekly & Daily cycles

The Weekly & Monthly highs will define whether there are more upward gains..
and at this stage,there looks like a continuation upwards because of the Tuesday high breakout


AUD Weekly & Daily cycles

Expectating more gains in the AUD has failed.

it could still happn if above the 5-day 50% level and Weekly level @ 1.0538