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Jun
23

AUDUSD Jun 25 to Jun 29 Outlook

By News Robot on 2012 Jun 23 Sat 7:06:09
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Lawrence’s Comment

Recap
Rally continued until Y+2 is tagged. News shock from Euro zone induced a sharp selloff back down to above 1.00, slightly higher than Y-0. Closed the week above Y-0.

Outlook
Since Y-0 is not breached, it is likely we get at least a retest of B-0.

Failured to push above B-0 will lead to a drop to B-2.

Categories : Daily Commentary
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