31st December 2011 USD, EURO, AUD Weekly Report

USD Primary and Weekly cycles

USD is likely to continue up into the 2012 highs, which are seen as resistance.

and then revisit the Yearly 50% level and 1st Quartertly 50% level.

EURO Primary and Weekly cycles

2012 lows are seen as support....

Yearly 50% level is seen as resistance.

There is a breakout of December lows, so my view is that price will continue down into the January lows


AUD Primary and Weekly

AUD is either going to continue up into the 2012 highs...

or drop down into the 2012 lows (Support)...

if the latter happens then AUD could move into a 2 year bear cycle