20th April 2013 AUD & Euro Weekly Report

AUD Primary and Monthly cycles

Monthly cycles look weak, as it's below the Quarterly 50% levels, with a down target towards $1.01...

However, the 2013 Yearly 50% level is a random support level..

We also can see the coming together of the Monthly channels, which is going to result in a breakout either way.

The Question is, which way?

Euro Monthly & Weekly cycles

Euro has stalled around the single monthly highs & April 50% level....

Random Support @ 1.2915 (2nd Quarterly 50% level)