FROEX REPORT AUD/USD 4TH OCTBOER 2021

AUD/USD PRIMARY & WEEKLY CYCLES


Remains in a down trend, will be lucky to break above 0.7450 during October.

3 months is a long time in Forex, but looks like it's drifting down towards the 2022 lows, which matches the 2021 50% level @ 0.6988

0.6988 is seen as major support in 2021., in case it moves down towards the October lows

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