25th January 2013 AUD & Euro Daily Reports

AUD Weekly & Daily cycles

Weekly patterns of weakness this week have played out precisely with the 2-day rise up into resistance and the selling down:- breakout of the 5-day lows

Today:- Weekly level & Friday's lows Random Support

Euro Weekly & Daily cycles

The euro didn't follow the same pattern as the AUD, and if the AUD is going to rise up from Friday's lows, then the Euro is likely to continue up towards Friday's highs & Weekly highs

5-day 50% level is Support