Lawrence's Comment
Recap
Cable found support at 1.56 and bounced back above Y-0 yet failed to hold above. 2nd try to go higher from Y-1 was stopped at Y-0. By end of ...
Lawrence's Comment
Recap
Selloff as expected. Tagged Y-1 target and 13000 round number level. But that was all the bears got. News shock sent Dow back up to the gap and ...
Lawrence's Comment
Recap
Euro blasted through 1.14 level and triggered a squeeze. 1.17 monthly resistance was tagged and rejected. Euro then fall straight back down to Y+1. Y+2 resistance gave us a ...
Lawrence's Comment
Recap
Monday coiled actions led to upside breakout to Y+1. Y+1 resistance gace us a drop back down to Y-0. Y-0 failed to hold ES up and gave us almost ...
AUDUSD Jul 28 to Aug 01 Outlook
Lawrence’s Comment
Bottoming formation gave us a run from Y-0 to Y+2, yet Y+1 failed to act as support. Closed the week below Y+1 and midpoint.
Outlook
Y+1 failing to hold means the bottom from last week was not strong enough. A retest of B-1 is likely.
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