19th March 2013 AUD & Euro Daily Report

AUD Weekly & Daily cycles

Above the MARCH 50% level & Weekly level @ 1.0360 the trend bias is UP....

if inside the 12 hour channels @ 1.04, then price could revisit that same Weekly level (Support)

Euro Weekly & Daily cycles

Trend bias is down into the MARCH lows

However, above 1.2949 and an upward move towards the Weekly 50% level is on the cards.