There is no probability pattern on Wednesday, but because price has broken out on Tuesday, the expectation is that price will move up on Wednesday and reverse back down into the 5-day 50% level before the trend continues higher the following day...."
Yesterday's Report
AUD Daily and 3-day pattern
AUD rising up from the Weekly 50% level and heading towards the Weekly highs.
Wednesday reversed back down and tested the 5-day 50% level, bounced and is now continuing higher.
For the rest of this week I don't have any other probability patterns until Friday ends and closes out the Week....
Next AUD/USD Report on the Weekend (Weekly Report)
- All Daily forex reports are written before 9.00am Sydney Time, which is approximately 3 hours before Midnight GMT
