7th March 2013 Euro & AUD Daily cycles


AUD Weekly & Daily cycles

The AUD failed at the Weekly 50% level, therefore it could move back down towards the Weekly level @ 1.0200 (Support)

However, thereis random Support around the 5-day 50% level


Euro Weekly & Daily cycles

Trend bias is down

5-day 50% level is resistance

Random Support:- Thursday's lows