14th January 2013 AUD & Euro Daily report

AUD Weekly & Daily cycles

January high resistance, but it can still retest those highs if the Weekly level @ 1.0522 forms support..

along with the 12 hour levels.

Euro Weekly & Daily cycles

January highs is seen as Random Resistance, with the possibility that price moves as high as the Weekly highs. If that happens on Monday, then the Weekly highs is seen as resistance, and a reversal back down into last week's highs, as part of retesting the breakout.

Otherwise, the 5-day 50% level & previous Weekly highs @ 1.3281 is seen as Support.