Trend down and bias is to continue down whilst below the Yellow filter...
Thursday's levels random support.
Currently trading above the Weekly 50% level and 5-day 50% level, which in theory should continue higher.
However, I still believe that AUD needs to revisit the monthly 50% level.
Trend guide:- 92.56 (41 pips)
random resistance Yellow.
Below the 5-day 50% level could see a lower daily close towards Thursday's lows
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT