18th March 2013 Euro & AUD Daily Report

Euro Weekly & Daily cycles

Trend bias down into the MARCH lows @ 1.2798

Breakout of Monday's lows should continue down, but with a random support zone around the Weekly lows @ 1.28986

5-day 50% level is seen as resistance.

AUD Weekly & Daily cycles

Trend guide the Weekly level @ 1.0360
& also the MARCH 50% level @ 1.03320

Trend bias is UP, but a break of Daily Support will put pressure on the AUD to drop.