AUDUSD Aug 08 to Aug 12 Outlook

By News Robot

Lawrence’s Comment

Recap
As expected we got our pullback. Better yet, it blown through the support at Y-1, triggering the Y-3 to Y-4 target which was tagged quickly in 2nd half of the week.

Outlook
This week due to the S&P downgrade, potential Fed and G8 inventions will throw all markets into chaos. See this and the related articles as the situation develops over the weekend.

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