Euro Weekly & Daily cycles
12 hour channels along with the Weekly cycles suggest the trend is moving upwards...
Random Resistance Weekly & Daily highs
Random Support:- 5-day 50% level and Weekly level @ 1.3411 - 1.3379
AUD Weekly & Daily cycles
if inside the 12 hour channel then the bias is up into the 5-day 50% level and Weekly level @ 1.04430
if it moves down into the Weekly lows & January 50% level (Support), and then closes above the 5-day 50% level, the trend should continue up for the rest of the week.
Note:- A break of Support (daily close) will put pressure on the trend for the rest of the week.
