2nd January 2012 AUD & Euro Weekly Reports

AUD Monthly & Weekly cycles

Monthly & Weekly cycles showing weakness, as it's being pushed down from the February 50% level.

5-day support resides around the single monthly lows @ 1.3360


EURO Montlhy & Weekly cycles

January breakout extending up into the February highs ,which is seen as resistance....

Whilst Support resides around Quarterly highs @ 1.3501