The Australian Dollar AUD/USD Monthly report 2nd July 2017

AUD/USD Primary & Weekly Cycles

If wrong, then price will breakout above the Weekly highs and then the week after next will form support above .7491 (Previous Report)

 Breakout of the Weekly highs and the AUD is rising towards the Yearly highs & July highs.

 Both those levels around .7785 & .7815  is still as resistance

AUD/USD Forex Monthly Report 3rd June 2017

AUD/USD Primary & Weekly Cycles 

 The key level on the AUD is .7491 Short-term is looks like it's moving down into the MAY lows, which is a random support level, simply because if it breaks that level it's going to follow a 2-month wave pattern down into the June lows (Previous Report) 

 As per previous report it looks like moving down into the June lows, using the Weekly highs as resistance and the June lows as Support. (2017 Yearly 50% level - Red)

 If wrong, then price will breakout above the Weekly highs and then the week after next will form support above .7491