AUD/USD FOREX MONTHLY REPORT - 1st May 2021


AUD/USD PRIMARY AND WEEKLY CYCLES


TARGET REMAINS THE 2021 HIGHS AT 0.81

IT COULDN'T CONTINUE HIGHER IN APRIL AND WILL BE OPENING BELOW THE 50% LEVEL IN MAY .7752

IF BELOW 0.7701 THEN A PUSH DOWN IN THE WEEKLY LOWS AND THE THE MAY LOWS THE FOLLOWING WEEK, WILL BE A GOOD SUPPORT ZONE FOR A MOVE HIGHER IN LATE MAY EARLY JUNE.

SUPPORT 0.7460