After the AUD/USD pair met and passed the previous target, a larger review of the currency pair was done.
Essentially it was discovered that the currency exchange rate remains in a dominant ascending pattern, which can be best drawn on the daily candle chart. Meanwhile, there is another pattern on the pair.
The still not fully confirmed descending junior pattern was spotted on Wednesday. However, it is not likely going to continue to guide the currency exchange rate further. The reason for that is that in accordance with the larger pattern, the junior needs to be broken in the near future.