AUSTRALIAN DOLLAR US/AUD 5TH JUNE 2022 MONTHLY REPORT

AUD/USD YEARLY AND PRMIARY CYCLES


Right on  2022 Yearly and Quarterly Support.

I would expect a decent bounce off these levels (might push down into May lows at 0.686)

Certainly a decent bounce off the May lows. and into the June 50% level.

However, I'm not sure it's going to continue to trend higher or stall and move sideways into July.