USD index currently holding support after the 5-day 50% level pushed the market down into the lows and a reversal pattern back upwards
I have an upward bias for Friday, but Thursday could see a rise upwards and then a drift back down before continuing higher on Friday
Euro Weekly and 5-day pattern
Higher timeframe support levels, but failing to remain above the weekly level @ 1.2893, and now price is below the 5-day 50% level.
Trend guide is to move down into Thursday's lows, as long as price remains below 1.2833
AUD Weekly and 5-day pattern
At this stage AUD is range bound within the weekly levels.
The 3-week low support and currently above 89.54 suggests a higher move.
However, if below 89.54 the bias is to move lower.
Trend guide the 5-day 50% level @ 89.69
GBP Weekly and 5-day pattern.
