Recap Aussie dropped from resistance zone mentioned last week, breaking Y-1 at the end of the week as expected. Closed the week below Y-1 and at week low.
Outlook 4 Hour head and shoulder in place with B-2 target in play. Y-1 now strong resistance.
Lawrence's Comment
Recap
Cable popped higher first before pullback gave it a chance to stay above Y+1. That paved the way for cable to tag Y+2. Closed the week above midpoint 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
Lawrence's Comment
Recap
Was looking for resistance at Y+1 going back down to Y-0. We got that and euro was stuck since. Closed the week near Y-0 and below midpoint.
Outlook
Breaking below B-1 ...
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 Mar 09 to Mar 13 Outlook
Lawrence’s Comment
Aussie dropped from resistance zone mentioned last week, breaking Y-1 at the end of the week as expected. Closed the week below Y-1 and at week low.
Outlook
4 Hour head and shoulder in place with B-2 target in play. Y-1 now strong resistance.
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