AUSTRALIAN DOLLAR FOREX REPORT AUD-USD 6TH MARCH 2022

AUD/USD PRIMARY AND MONTHLY CYCLES

Price didn't get down as low as I wanted (FEB lows) and it has taken off on the back of interest in Australian commodities, as they dump Russian commodities. 

It's still in a BEAR trend, as it's below the 2022 50% level  0.7423, however, keep and eye on price pushing up into the MARCH highs and the 0.7423 forming support