AUD / USD Primary and Weekly Cycles
It's currently in a PRIMARY Breakout therefore there's an expectation it's trending up into 2018.
2017 target - heading towards $0.8289 (previous Report)
What the AUD should have done was continue with the Primary breakout towards the 100% yearly highs, instead the Australian dollar showed it's weakness in the last week of September with the Weekly low breakout and the Yearly highs formed resistance.
As we've seen in the past this Quarterly level (YELLOW @ .7687 can form a robust support zone and then see another move upwards, but that's not going to occur unless it confirms support with a breakout of the weekly highs and begin trading above the November 50%.
TREND- Short term trend is weak and could continue down into this week's lows
