AUD Weekly and 5-day patternAUD consolidating around resistance in the 5-day range, but whilst above the pink filter price can continue to move upwards another 2x85 bars towards the Weekly highs.
Any short-term pullback on Thursday would be defined by Support.
Euro Weekly and 5-day patternSame potential move on the euro towards the Weekly highs.
Ideally a reversal down from Wednesday's highs and into support levels of the 50% level would be the best pattern for any higher moves on Thursday.
Support 1.4757-85
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT
