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