25th MAY 2013 AUD Weekly report

AUD Primary and Monthly cycles

Primary cycles are weak, even though there is now some support around the 2013 Yearly lows.
However, we must treat the trend as if it's going down for the next 2 years

There's a breakout of the 3-month lows (#A) that should see the market continue down into #B the BUY zone.

However, if the Primary lows supports the AUD, then we could instead have a swing upwards in the last 5-day of MAY, and a 3-week counter-trend rally, as part of retesting the breakout/June 50% level (#C)

if that happens, then it's likely to set-up further weakness down into #B)