AUD/USD Forex Report 30th November 2015

AUD/USD Primary Cycles

My view is that the AUD will try and continue down in 2016, however I've been looking for the AUD to move up into resistance zones before the next move downward in 2016.

The ideal move would be for the AUD to remain above .7091 and rise upwards in December and early January and then look for set-ups for the next leg downward using the 2016 50% level as resistance.