AUDUSD Apr 11 to Apr 15 Outlook

By News Robot


Lawrence’s Comment

Recap
As oppose to breaking below Y-0 and testing Y-1, Y-0 acted as support, leading to further upside range expansion. Tagged the target zone Y+3 right at the end of the week.

Outlook
The momentum may carry the pair a big higher but the upside will be capped this week under Y+4 and B+2. Congestion between B-0 and B+1 is the more likely scenario.

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