17th April 2013 AUD & Euro Daily Report

AUD Weekly & Daily cycles

If Tuesday ends up closing back above the Weekly lows, and inside the 12 hour channel (white), then a swing up towards the Weekly 50% level is on the cards for the next 2 days.

Below 1.0355 is seen as weak

Euro Weekly & Daily cycles

Weekly highs random resistance...

if there's weakness today because of this, then the 5-day 50% level and Tuesday's highs are seen as support @ 1.3126