Consolidating trading day on Wednesday between support and resistance levels.
There is a slight shift in support from below to above, along with a rejection of the Weekly 50% level could send the AUD down on Thursday....
EUR Weekly and 3-day pattern
Range trading on Wednesday, but there is a shift of the 3-day filter to above...
No probability on Thursday's trading....
but if it's pushing down from the higher timeframe 50% levels and breaking the 5-day 50% level, then the bias is to continue down on Thursday.
- All Daily forex reports are written before 9.00am Sydney Time, which is approximately 3 hours before Midnight GMT