5th March 2013 Euro & AUD Daily report

Euro Weekly & Daily cycles

The trend bias is down towards the Weekly & Monthly lows...

Random Resistance the 5-day 50% level.

Note:- there was a Friday 5-day low support pattern that could see a 2-DAY rise.
if above the 5-day 50% level, then the target is 1.3145:- Resistance

AUD Weekly & Daily cycles

March low Support, and now the Weekly level @ 1.02 will define whether the trend continues up towards the Weekly 50% level.

Note:- 14.30 Reverse announces whether there's a change in rates or no. AUD could remain flat until then.