AUD / USD Primary & Weekly Cycles
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) (Previous Report)
.7455 formed support and now looks to be moving back up towards a number of resistance zones.
First resistance @ 7633
2nd resistance @ .7713
At the moment I'm treating the AUD is still in a BEAR TRend but with a short-term counter-trend move upwards.
That will change only in the 3rd Quarter if the AUD begins is trading above .7723 in July.
This same level in July is seen as a major resistance zone
