21st February 2013 Euro & AUD Daily report



Euro Weekly & Daily cycles

Begining to look weak, as the breakout of Wednesday's lows could see the trend continue lower, especially as it's now below the February 50% level.

Resistance :- 5-day 50% level

Random Support Thursday's lows

AUD Weekly & Daily cycles

Still on Primary Support:- Yearly 50% level

But a breakout of Wednesday's lows should see the trend continue lower

5-day 50% level Resistance

Thursday's lows random Support.