8th March 2013 AUD & Euro Daily Reports

AUD Weekly & Daily cycles

Monthly cycles suggest the AUD will continue up towards the March 50% level...

Weekly cycles are mixed, as the Weekly 50% level could continue to act as resistance, therefore 1.0284 is the trend guide

5-day 50% level & 12 hour channel lows are support

Euro Weekly & Daily cycles

I wasn't expecting the Euro to Rise, but with a breakout of Thursday's highs it should continue up into Friday's highs, which match the Weekly level @ 1.3145

1.3145 is seen as resistance.