Recap Found support at Y-0 / support zone mentioned last week and started a squeeze up to normal Y+2 target. Resistance at Y+2 dropped Aussie back down to previous week close. Closed the week above Y-0 and below midpoint.
Outlook Aussie at up trend line support. This holds, another push higher likely. Resistance at Y+1 / B-0 breaking the close will give us B-2.
Recap
Tried to stage a rally off Y-0 but failed as it formed a 3 pushes, giving experienced traders time to exit their longs and went short. Target area Y-1 ...
Lawrence's Comment
Recap
Worst Thanksgiving week in history. Pure selloff breaking every support level after they are touched and bounced off from. Ended the week closing at Y-3 and completed 100% ...
AUDUSD Feb 08 to Feb 12 Outlook
Lawrence’s Comment
Found support at Y-0 / support zone mentioned last week and started a squeeze up to normal Y+2 target. Resistance at Y+2 dropped Aussie back down to previous week close. Closed the week above Y-0 and below midpoint.
Outlook
Aussie at up trend line support. This holds, another push higher likely. Resistance at Y+1 / B-0 breaking the close will give us B-2.
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