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
