AUD Monthly and Weekly
There is still a bias to continue up towards the Monthly 50% levels, and probalby higher into the new Quarterly 50% level in January...
Next Week :- support Weekly 50% levels, and we can see an important pattern with the Friday close above the 3-week highs (White line), which suggests a move towards the December 50% level.
Note:- price is trading below the 4th Quarter breakout, which could result in a stall-resistance pattern until the actual Quarterly timeframe ends and resistance shifts, allowing the AUD to continue higher towards the Quarterly 50% level in early January.
Therefore the Weekly highs next week are seen as a random resistance zone.
