Australian Dollar V US Dollar 23rd July 2015 Report

AUD Primary & Weekly cycles

Commodity prices dropping (READ GOLD Report) dragging the AUD dollar lower.

Even though the AUD is hovering around the July lows, it's actually trading below those lows @.7485 forming a resistance zone, and most likely follow the weekly cycles towards the Weekly lows, and as low as .7091

For short-term trading I would use each of the levels as Support & Resistance.

Resistance:- .7567

                                                                           

Australian Dollar AUD/USD 4th July 2015 Monthly Report

Australian Dollar (Primary & Weekly Cycles

What was support becomes resistance, and that price is .78 cents.

There is still major support around .7567 that's worth trading but don't be surprised to see the AUD dip as low as the June lows. (Previous Report)

Commodity prices heading downward dragging the AUD lower towards the July lows.(Random Support  .7398)

There's a lack of support in the AUD as we begin the 3rd Quarter, with random support around the July lows that's either going to swing the AUD up into the 50% level @ 7727....

 or for whatever reason the trend continues with the Primary cycles southbound into the 4th Quarter and .7091