AUS/USD PRIMARY & WEEKLY CYCLES
THIS IS WHAT HAPPENS WHEN THE AUSTRALIA CLOSES IT'S BORDERS.
THE USD IS COMING UNDER SELLING PRESSURE AFTER THIS WEEK'S STIMULUS PACKAGE AND THE RATE OF INFECTION OF THE CORONAVIRUS IS MORE THAN LIKELY PUT EVEN FURTHER PRESSURE ON THE USD.
HOWEVER, THE AUD WILL HIT SOME RESISTANCE LEVELS AROUND .6211 - 6288
WITH A MAJOR RESISTANCE AROUND .6390
WE CAN SEE THE BREAK AND EXTEND PATTERNS ON THE AUD, AND WHERE IT CAN GO . 5286