27th February 2013 AUD & EURO DaILY REPORTS

AUD Weekly & Daily cycles

Weekly low support, but below the February lows and also the Yearly 50% level.

The 5-day 50% level @ 1.026 will decide whether the trend will continue down and break Wednesday's lows


Euro Weekly & Daily cycles

Same applies in the Euro....

below the February 50% level and also the single monthly lows @ 1.3108
trend bias is down into the February lows

5-day 50% level will decide whether it's going to continue down or not.