AU sits in a tricky spot. It broke daily support on Wednesday but almost immediately found the bottom of the wedge at 0.74550 which it failed to break. It then retested support and the wedge bottom failing to break either on Thursday leaving a doji candle before heading to retest support again on Friday. Both the wedge bottom and the support turned resistance at 0.74906 leave pretty strong barriers in the way of AU but a break of either could send this pair on a strong move in that direction. A break of the wedge bottom leaves virtually nothing in its way to 0.73110 besides for psychological support at 0.74000. On the top side, a break above the support turned resistance at 0.74900 has resistance at 0.75850, followed by 0.76110 and finally 0.76660 before the top of the wedge near 0.77250.
