1st February 2013 AUD EURO Daily reports

Euro Weekly & Daily cycles

Weekly high and 12 hour channels will determine whether the trend continues higher

Note:- there's a breakout of January highs, so there's an expectation that it's moving towards the February highs

AUD Weekly & Daily cycles

New month 50% level (February) will determine whether the trend continues higher or not

Helped  by the 5-day 50% level