AUS/USD 2nd November 2013 Monthly Report

AUD Primary cycles

AUD Primary cycles and  breakout patterns (Dilernia Principles) suggests the AUD will continue down towards the 2014 yearly lows.

We've just recently seen Secondary support come into play around .8870 and swing back up into the 50% level @ .9730 (#3)....

My view is that the Primary cycles will now come into play and push the AUD downward, as part of a Primary break & extend pattern.