As per Yesterday's report, I didn't have a probability pattern otherthan understanding that the AUD was rising up from the June 50% level....
"define today's trend either side of the 5-day 50% level, which currently price is above it, and above the Weekly 50% level expectation price is moving towards Wednesday's highs."
AUD ended up rising up from Wednesday's 5-day 50% level and has continued up towards Wednesday's highs.
Today:- Thursday looks to be pushing up into the highs, and expected pattern would be to come back down and test the Weekly 50% level as support...
Trading range :- Thursday's highs and 5-day 50% level
Note: Use the Spiral filter as a trend guide on Thursday, as it's pushing up into 95 pip highs.
- All Daily forex reports are written before 9.00am Sydney Time, which is approximately 3 hours before Midnight GMT