AUD/USD Primary & Weekly Cycles
AUD remains under pressure, as it follows the Weekly cycles lower and looks to be drifting into the end of the Year to align with the new 2018 Primary 50% level that will be confirmed on the 1st January.
The Trend is down, but once again things can change quickly if it breaks out above the Weekly highs. (PREVIOUS REPORT)
The trend quickly changed on the AUD with the precise breakout of the Weekly highs and then the consolidation above .7637
AUD looks to be moving towards the 2018 highs with .7719 as robust Support - 2018 50%
Random resistance the January highs @ .7975
