Trend bias is to continue higher, and may follow the dynamc 12 hour patterns at 11am.
However, if below yesterday''s lows Wednesday could move down into the June 50% level once again, and as far as 12 hour support, which might come around in the 2nd 12 hour low.
AUD Weekly and 5-day pattern
Trend is up, and can follow the 5-day range up towards Wednesday's highs.
However, if below the brown filter, the trend is coming down into the Weekly 50% level and the 5-day 50% level.
Those levels are seen as first 12 hour support (5-day 50% level)
- All Daily forex reports are written before 11.00am Sydney Time, which is approximately Midnight GMT