Lawrence's Comment
Recap
Strength in gold helping to push this pair lower. Resistance at 1.08 was not even challenged. Y-1 resistance gave way to Y-2 target. Closed the week below Y-2 and ...
For more information about this report please refer to the Market Bias Informant pageTrading day for Forex symbols start at around 5 pm ET depending on Daylight Saving Time schedule
For more information about this report please refer to the Market Bias Informant pageTrading day for Forex symbols start at around 5 pm ET depending on Daylight Saving Time schedule
Lawrence's Comment
Recap
Tested Y+1 alright. Failed at once forcing the pair back down to Y-1. Y-1 failed to act as support opening the door to selling off down to ...
For more information about this report please refer to the Market Bias Informant pageTrading day for Forex symbols start at around 5 pm ET depending on Daylight Saving Time schedule
For more information about this report please refer to the Market Bias Informant pageTrading day for Forex symbols start at around 5 pm ET depending on Daylight Saving Time schedule
AUDUSD Feb 11 to Feb 15 Outlook
Lawrence’s Comment
As expected, Aussie continue to move lower until almost tagging Y-3. Closed the week near Y-2 and below midpoint.
Outlook
A potential short term low is in the making. If Aussie can hold B-1 and rally from there clearing B-0, a quick run back up to B+1 likely.
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