24th Sept 2011 UDD Index ,Euro, AUD Weekly report

USD Inex

Breakout patterns in the USD Index should see the trend continue towards the October highs, and as high as the Yearly 50% level during the 4th Quarter.

Next Week's trading is based on whether the last week of this month continues upwards...

or reverses back down into the October 50% level, and then move upwards at the start of the next month

Euro monthly and Weekly cycles

Therefore a last week will continue down into next week's lows

or

rises back towards the Weekly 50% levels (resistance)


AUD monthly and Weekly...

Support around the Weekly lows and Yearly 50% level @ 95.18

if it rises upwards, then the Sept lows are seen as resistance.