6th December 2012 Euro & AUD Daily report

Euro Weekly & Daily Cycles

Trend guide is the Weekly highs

along with random Support around its 12 hour lows and 5-day 50% level.

Either it continue higher for the rest of the week
or revisits its 5-day lows

AUD Weekly and Daily cycles

AUD trapped under the Weekly level

12 hour patterns suggest weakness down into Support levels