AUD daily:- AUD on Tuesday was either based on pushing down into Tuesday's lows, which actually found support around the Weekly lows, or a move back into the 5-day 50% level and push price back down.
AUD moved into the 5-day 50% level forming a 'rejection' pattern (brown filter).
Wednesday:- no probability pattern
if looking to use spiral filters, then the 5-day 50% level on Wednesday should be seen as resistance.But the brown filter could support the market, therefore no probability pattern
- All Daily forex reports are written before 9.00am Sydney Time, which is approximately 3 hours before Midnight GMT
