Lawrence's Comment
Recap
Bullish expectation was correct with up drift for a test of Y+1. But the weaknesses in gold put a brake on Aussie all week long. Closed the week at ...
Lawrence's Comment
Recap
Gapped below 1.32 and never made it back above. End of week dumping led to normal target Y-2. Closed the week near Y-2 and week low.
Outlook
More down ...
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EURUSD Sep 03 to Sep 07 Outlook
Lawrence’s Comment
Euro held above Y-0 all week and then news shock / rumors late in the week sending it above Y+1. Closed the week below Y+1 and near midpoint.
Outlook
If early next week euro failed to hold above B-0, we are looking for a drop to B-2 quickly.
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