Forex Report AUD/USD 6th May 2018 Monthly report


AUD/USD Primary & Weekly Cycles

AUD looks weak with a trend bias down towards .7455.


AUD looks like it will move lower into .7455 (random Support) and as far as the MAY lows @ .7374

If the AUD moves down to the MAY lows and moves upwards, then .7455 becomes support whilst the yearly 50% level and @.7802 becomes random resistance during the end of this quarter (30th June)





  • All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT


  • Exact levels shown for current day aren't confirmed until midnight GMT
  •