AUS/USD Forex Report 29th February 2020

 

AUD /USD Primary & Weekly Cycles

10 day support around the 2020 lows, but then the breakout of the Weekly lows has seen weakness towards the 100% level of the 2020 range at .6390

I would think around .6390 will support the AUD, but it will struggle to move higher than the March 50% level @ .6664 / 97