24th February 2013 AUD & Euro Weekly Reports

AUD Monthly & Weekly Cycles

AUD remains above major Support:- Yearly & Quarterly 50% level

and by the look of it, price is going to resume its upward trend using the Weekly 50% level is the trend guide

Euro Monthly & Weekly cycles

Breakout of the Weekly lows should continue down into next week's lows, and matched with the single monthly lows @ 1.3108, which is seen as Support :- 1.3074/3108

Whilst the Monthly 50% level as resistance for the next 5-days