AUD/USD Primary & Weekly Cycles
Primary Cycles are bullish on the AUD, with a 4th Quarter target of 0.7620, but it needs to be trading above 0.72cents and the October 50% level.
A breakout of the previous Monthly lows in September and now resistance at the October 50% level, could actually see price move back down into the lows at 0.69cents and the 2020 50% level once again.
Two Key Levels
Bullish Above 0.72cents
Bearish below 0.7135/50
