The Australian news pair rose slightly during the Asian trading period on Wednesday in light of the scarcity of economic data from New Zealand, and on the other side of Australia, some positive data was released today, represented by the services Purchasing Managers Index, also quarterly GDP rose as expected to levels of 0.2%, and we are also waiting for tomorrow's speech by Reserve Bank of Australia Governor Michel Pollock.

Technically: 

 the Australian news pair rose slightly today near the levels of 1.0850, as the pair rebounded this week from the support levels of 1.0795, and the pair is trying to form a harmonic bat pattern on the near-term four-hour frame where we target the levels of 1.0900 and then 1.1025.

This scenario fails if the lows of 1.0790 close with a candle for at least 4 hours.