AUD/FOREX REPORT PRIMARY CYCLES
QUARTERLY 50% LEVEL (APRIL - JUNE) IS 0.7439
WHICH MATCHES THE APRIL LOWS (RIGHT CHART)
THESE ZONES ARE SERIOUS SUPPORT LEVELS IN THE PRIMARY CYCLES, FOR ANOTHER MOVE TOWARDS THE 2021 HIGHS
ANTHING BELOW 0.7415 AND IT MUST BE TREATED AS A BREAKDOWN.
AT THE MOMENT - I'M LOOKING FOR THE TREND TO GO UP, AS PART OF THE 2020 HIGH BREAK AND EXTEND PATTERN INTO 2021 HIGHS.