24th April 2013 AUD & EURO Daily Report

DOW S&P Weekly cycles

Trend bias is to conrtinue lower, but Wednesday could see an early rise...

Random Resistance is the 5-day 50% level @ Weekly level @ 1.03135

don't hold shorts above those levels,as it will swing back towards the April 50% level @ 1.0364 (resistance)


AUD Weekly & Daily cycles

Trend bias is DOWN, 5-day 50% level/12 hour channels/ & Weekly 50% level is seen as resistance

Random Support Wednesday's lows.