AUD/USD Forex Report - 28th April 2019

AUD Primary & Weekly cycles


For the Australian dollar to move higher it needs to remain above the April 50% level @ .7077.

It remained above the April 50% level until late this week, and now looks to be moving down towards .6827

Random support around the Weekly lows could see a counter-trend move up towards the MAY 50% level - Resistance.