AUD/USD Primary & Weekly Cycles
AUD remains bullish as it's trading above the Yearly 50% level with .7595 being support with random resistance around the October highs @ .7775
As we can see the monthly channels are now contracting, and it's going to result in a breakout either way.
Therefore there are two plays coming into the start of the 4 quarter and final 3-month cycle.
1. continue to trend towards .8060 - 8160
2. hit .7775 stall and then revisit .7415
