AUDUSD Oct 20 to Oct 24 Outlook

Recap
Started the week gap lower to challenge Y-1 and bounced. Y-0 resistance sent Aussie lower to retset previous week close. That held and a squeeze was resulted. Yet, Aussie failed to push much higher and stalled. Closed the week below Y-0 and near midpoint.

Outlook
Inside week closing near the midpoints implies indecision. Strong push above Y-0 yet failed to hold Y-0 is weaknesses. Aussie will likely be forced to retest Y-1 and below first even if it wants to go higher.

This is also telling us that gold will face sell pressure this coming week.