AUD/USD Forex 24th December 2013

AUD/USD Primary & Monthly Cycles

December lows currently supporting the trend,

whilst the overall bias is to move down into the 2014 lows/BUY ZONE, as part of the Primary Break-n-Extend pattern.

Short-term resistance during the rest of December #A @ 89.90

Until those lows are reached, then 1st Quarter resistance around 91.40/70

AUD/USD 12th December 2013 Monthly Reports

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 (Revious Report)


AUD Primary cycles

Primary Cycles continue to play out as expected, with an overall trend bias to continue down into the 2014 lows, and the next long-term BUY zone.

Any short-term buying, and the expectation is that the 2014 yearly 50% level will form resistance, until those lows are reached.