Lawrence's Comment
Recap
Ninja attempted to hold Y-1 but capped by 118 round number. Eventually flushed down to equal distance from previous week close. Closed the week below Y-1 and midpoint.
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Recap of Last Week Opened close to 50% upside expansion and moved immediately towards the 100% upside expansion target. Once the market failed to hold above the green zone, ...
For more information about this report please refer to the Market Bias Informant pageTrading day for Forex symbols start at around 5 pm ET depending on Daylight Saving Time schedule
For more information about this report please refer to the Market Bias Informant pageTrading day for Forex symbols start at around 5 pm ET depending on Daylight Saving Time schedule
AUDUSD Jul 25 to Jul 29 Outlook
Lawrence’s Comment
Channel breakdown play worked out perfectly with Y-2 target tagged. Closed the week near Y-2 and week low.
Outlook
Potential weekly down trend in the making. B-0 / Y-1 resistance must hold for further downside push towards B-2 and below.
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