AUD Primary & Weekly Cycles
AUD is still below the 2020 lows and in a tight trading range. This is still extremely bearish if we are looking at the Primary cycles.
Can it go up towards the 2020 50% level @.70 cents?
It might take another 4 to weeks of trading before it decides to go higher.
I would actually like the AUD to move back down to the Weekly lows and then attempt to move higher from July.
A lot of resistance around next week's highs at .6743