17th December 2011 USD Index, Euro, AUD Weekly Reports

USD Monthly and Weekly

US dollar could continue up into this week's highs, and continue to extend towards next highs in January.

However, in the short-term I would like to see the USD revisst this week's breakout and Weekly 50% level, as support)

Euro Monthly and Weekly

Whatever the USD does the Euro will do the opposite...

Which means Weekly lows Support...

And look for a move upwards to retest of this week's breakout @ 1.31680, using the December lows as a trend guide

AUD monthly and Weekly

Weekly 50% level and December 50% levels resistance.